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Saved Karla Tanner opens a Web consulting business called Linkworks and completed the following transactions in its first month of operations. April 1 Tanner invested $135,000 cash along with office equipment valued at $32,400 in the company. 2 The company prepaid $7,200 cash for 12 months rent for office space. Hint: Debit Prepaid Rent for $7,200. 3 The company made credit purchasses for $16,200 in office equipment and $3,240 in office supplies. Payment is due within 10 days. 6 The company completed services for a client and immediately received $2,000 cash. 9 The company completed a $10,800 project for a client, who must pay within 30 days. 13 The company paid $19,440 cash to settle the account payable created on April 3. 19 The company paid $6,000 cash for the premium on a 12-month insurance policy. Hint: Debit Prepaid Insurance for $6,000. 22 The company received $8,640 cash as partial payment for the work completed on April 9. 25 The company completed work for another client for $2,640 on credit. 28 Tanner withdrew $6,200 cash from the company for personal use. 29 The company purchased $1,080 of additional office supplies on credit. 30 The company paid $700 cash for this month's utility bill Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); K. Tanner, Capital (301); K. Tanner, Withdrawals (302); Services Revenue (403); and Utilities Expense (690). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of April 30. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Recelvable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); K. Tanner, Capital (301); K. Tanner, Withdrawals (302); Services Revenue (403); and Utilities Expense (690). Prev 7 of 9 Next N Journal entry worksheet 1 3 4 5 6 7 8 .. 12 The company prepaid $7,200 cash for 12 months' rent for office space. Note: Enter debits before cred its. Date Account Title Debit Credit April 02 View general jour Record entry Clear entry Journal entry worksheet r 1 2 4 5 6 7 8 ... 12 The company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. Payment is due within 10 days. Note: Enter debits before credits. Date Account Title Debit Credit April 03 View general journal Clear entry Record entry Journal entry worksheet

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