eBook Spreadsheet Print Item Complete Accounting Cyd For the past several years, Jeff Horton nas operated a part-time consulting business from his home. As of April 1, 2018, Jeff decided to move to rented quarters and to operate the business, which was to be known as Rosebud Consulting, on a full-time basis. Rosebud entered into the following transactions during April: Apr. 1. The following assets were received from Jeff Horton in exchange for common stock: cash, $20,000; accounts receivable, $14,700; supplies, $3,300; and office equipment, $12,000. There were no liabilities received. 1. Paid three months' rent on a lease rental contract, $6,000. 2. Paid the premiums on property and casualty insurance policies, $4,200. 4. Received cash from dients as an advance payment for services to be provided and recorded it as unearned fees, $9,400. 5. Purchased additional office equipment on account from Smith Office Supply Co., $8,000. 6. Received cash from clients on account, $11,700 Paid cash for a newspaper adveifisement. $350. Paid Smith Office Supply Co. for part of the debt incurred on April 5, 86,400. 12. Recorded services provided on account for the period April 12-12, 821,900. Paid receptionist for two weeks' salary, $1,650. Record the following transactions on Page 2 of the journal: Recorded cash from cash clients for fees earned during the period April 1-16, 56,600. Pald cash for supplies, $725. Recorded services provided on account for the period April 13-20, 516,800. 10. 12. 14. 17. 18 20. Previous Check My Work Wild 11:06 AM VS/2021 O a 5. Purchased addition office equipment on account from Smith Office Supply Co., $8,000. Received cash from dients on account, $11,700. 6. 18. 10. Paid cash for a newspaper advertisement, $350. 12. Paid Smith Office Supply Co. for part of the debt incurred on April 5, $6,400. 12. Recorded services provided on account for the period April 1-12, $21,900. 14. Paid receptionist for two weeks' salary, $1,650. Record the following transactions on Page 2 of the journal: 17. Recorded cash from cash clients for fees earned during the period April 1-16, $6,600. Paid cash for supplies, $725. 20. Recorded services provided on account for the period April 13-20, $16,800. 24. Recorded cash from cash clients for fees earned for the period April 17-24, $4,450. 26. Received cash from clients on a count. $26,500. 27. Paid receptionist for two weeks salary. $1,650. 29. Paid telephone bill for April. $540. 30. Paid electricity bill for April, $760. 30. Recorded cash from cash clients for fees earned for the period April 25-30, $5.160. 30. Recorded services provided on account for the remainder of April, 52,590, 30. Pald dividends, 518,000.