Rhonda Richards opens a web consulting business called Dairy Plus and completes the following transactions in its first month of operations. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. 1 Richards invested $134,000 cash along with office equipment valued at $35,000 in the company. 2 The company prepaid $19,800 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. 3 The company made credit purchases for $9,800 in office equipment and $5,400 in office supplies. Payment is due within 10 days. 6 The company completed services for a client and immediately received $9,400 cash. 9 The company completed a $15,000 project for a client, who must pay within 30 days. Apr. Apr. Apr. Apr. Apr. Apr. 13 The company paid $15,200 cash to settle the account payable created Apr. 19 The company paid $6,720 cash for the premium on a 12-month insurance policy. The company's policy is record April 3. prepaid expenses in balance sheet accounts. Apr. 22 The company received $9,000 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another elient for $5,700 on credit. Apr. 28 Richards withdrew $5,700 cash from the company for personal une. Apr. 29 The company purchased $2,400 of additional office supplies on credit. Apr. 30 The company paid $2,300 cash for this month'e utility bill. General Journal General Income Statement St Owners Equity Requirement Trial Balance Balance Sheet FS Impact Ledger Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Dairy Plus Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". View transaction list Journal entry worksheet 2 8. 12 Apr. 1) Richards invested $134,000 cash along with office equipment valued at $35,000 in the company.