the journal entry table.) \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Next, record the March 25 transaction. The business paid office rent of $3,750. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Transactions \begin{tabular}{|c|c|} \hline March 4 & DonGerbing,themajorshareholderofthecompany,received$50,200cashfromaninheritance. \\ \hline March 5 & Gerbingdeposited$51,500cashinanewbusinessbankaccounttitledGerbingViewEstatesLtd.ThebusinessissuedcommonsharestoGerbing. \\ \hline March 6 & The business paid $305 cash for letterhead stationery for the new office. \\ \hline March 7 & Thebusinesspurchasedofficefurniture.Thecompanypaidcashof$19,400andagreedtopaytheaccountpayablefortheremainder,$4,940,withinthreemonths. \\ \hline March 10 & GerbingsoldCDMshares,whichGerbinghadownedforseveralyears,receiving$31,200cashfromGerbingsstockbroker. \\ \hline March 11 & Gerbingdepositedthe$31,200cashfromthesaleoftheCDMsharesinhispersonalbankaccount. \\ \hline March 12 & ArepresentativeofalargecompanytelephonedGerbingandtoldhimofthecompanysintentiontoputadownpaymentof$9,900onalot. \\ \hline March 18 & Gerbingfinishedarealestatedealonbehalfofaclientandsubmittedthebillforservices,$10,050.Gerbingexpectstocollectfromthisclientwithintwoweeks. \\ \hline March 21 & ThebusinesspaidhalfitsaccountpayableforthefurniturepurchasedonMarch7. \\ \hline March 25 & The business paid office rent of $3,750. \\ \hline March 31 & The business declared and paid a cash dividend of $1,910. \\ \hline \end{tabular} Requirement 4. Record the transactions of the business in its journal. Include an explanation for each entry. line of the journal entry table.) \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} line of the journal entry table.) Finally, record the transaction of March 31 . The business declared and paid a cash dividend of $1,910. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) \begin{tabular}{c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline \hline & & & \\ & & & \\ & & & \\ & & & \\ & & & \\ & & & \\ & & & \\ & & & \\ & & & \end{tabular}