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Using this information please create a trial balance account. Include details of which transactions are credited and debited for an immediate upvote, thank you! enzel
Using this information please create a trial balance account. Include details of which transactions are credited and debited for an immediate upvote, thank you!
enzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March. March 1 Brooks invested $180,000 cash along with $23,000 in office equipment in the company. March 2 The company prepaid $6,000 cash for six months' rent for an office. Hint: Debit Prepaid Rent for $6,000. March 3 The company made credit purchases of office equipment for $4,800 and office supplies for $2,300. Payment is due within 10 days. March 6 The company completed services for a client and immediately received $3,000 cash. March 9 The company completed a $10,000 project on credit for a client, who must pay within 30 days. arch 12 The company paid $7,100 cash to settle the account payable created on March 3 . arch 19 The company paid $6,300 cash for the premium on a 12-month insurance policy. Hint: Debit Prepaid Insurance for $6,300. arch 22 The company received $4,500 cash as partial payment for the work completed on March 9 . arch 25 The company completed work for another client for $4,750 on credit. arch 29 Brooks withdrew $4,500 cash from the company for personal use. arch 30 The company purchased $1,600 of additional office supplies on credit. arch 31 The company paid $900 cash for this month's utility billStep by Step Solution
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