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. You are required to record the following transactions including Additional Information into the transaction analysis chart (the template is provided) for the month of

. You are required to record the following transactions including Additional Information into the transaction analysis chart (the template is provided) for the month of March. (55 marks) March 1 Leanne contributed $60,000 of her own funds into a business bank account. 2 Leanne rented a small office shop in Ballart. She paid three-months rent in advance totalling $6,000. 3 Office furniture was purchased for $3,000 cash. 3 Paid $2,400 for insurance for 12 months. 4 Computer equipment was purchased for $10,000 cash. 4 A three-month subscription for access to international professional journals was purchased for $2,400 cash. 5 Leanne contributed a motor vehicle to the business valued at $20,000. 6 Leanne invoiced her first client, ABC Ltd, $3,300 for two days work at local gallery in Melbourne. 7 Office stationery was purchased for $800 on 30-day credit terms. 15 Leanne invoiced AAA Ltd and BBB Ltd $4,400 for the consulting service performed at local galleries. 16 Hired an assistant, Lisa, on a casual contract basis. 17 Received a full payment from her first client, ABC Ltd. 18 Leanne invoiced clients $7,700 for work performed for various local and regional galleries. Page 4 of 5 18 Paid a part payment of $200 for the office stationery was purchased in March 7. 20 Leanne withdrew $1,500 for her personal use. 20 Paid $1,200 wages to her assistant. 22 Received $2,200 from credit clients, AAA Ltd and BBB Ltd. 24 Paid telephone and internet bill for March of $270. 25 The City of Ballart, was impressed by Leannes reputation, has agreed to pay her service in the future at a rate of $1,900 per day. 27 Leanne invoiced corporate clients $8,800 for work performed. 30 Paid $1,800 wages to her assistant. 31 Leanne withdrew $2,200 from the business for following purposes: $200 was for one-off payment for professional membership joining fees to Australian Galleries Association, and the $2,000 was for her personal Easter trip to Europe. *****Additional Information: As at 31 March, $500 of office stationery has been consumed. Utilities owning at balance date are $275. Motor vehicle is depreciated at 20% per annum using the straight-line method. Computer Equipment is depreciated at 30% per annum using the straight-line method. Office furniture is depreciated at 10% per annum using the straight-line method. Round up to the nearest dollar. Ignore GST and income ta

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