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[The following information applies to the questions displayed below) Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transctions in

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[The following information applies to the questions displayed below) Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transctions in March. March 1 Brooks invested $160,000 cash along with $28,000 in office equipment in exchange for common stock. 2 The company prepaid $7.000 cash for sik months' rent for an office. (Hint: Debit Prepaid Rent for $7,000.) 3 The company made credit purchases of office equipment for $5,400 and office supplies for $1,900. Payment is due within 10 days 6 The company completed services for a client and immediately received $4,500 cash. 9 The company completed a $12.500 project for a client, who must pay within 30 days. 12 The company paid $7,300 cash to settle the account payable created on March 3. 19 The company paid $5,700 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $5.700.) 22 The company received $3,600 cash as partial payment for the work completed on March 9 25 The company completed work for another client for $5.030 on credit. 29 The company paid $6,300 cash in dividends. 30 The company purchased $600 of additional office supplies on credit 31 The company paid $1,400 cash for this month's utility bill

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