Karla Tanner opened a Web consulting business called Linkworks and completed the following transactions in its first month of operations.

April 1	Tanner invested $125,000 cash along with office equipment valued at $30,000 in the company in exchange for common stock.
April 2	The company prepaid $7,200 cash for 12 months rent for office space. Hint: Debit Prepaid Rent for $7,200.
April 3	The company made credit purchases for $15,000 in office equipment and $3,000 in office supplies. Payment is due within 10 days.
April 6	The company completed services for a client and immediately received $2,000 cash.
April 9	The company completed a $10,000 project for a client, who must pay within 30 days.
April 13	The company paid $18,000 cash to settle the account payable created on April 3.
April 19	The company paid $6,000 cash for the premium on a 12-month prepaid insurance policy. Hint: Debit Prepaid Insurance for $6,000.
April 22	The company received $8,000 cash as partial payment for the work completed on April 9.
April 25	The company completed work for another client for $2,640 on credit.
April 28	The company paid a $6,200 cash dividend.
April 29	The company purchased $1,000 of additional office supplies on credit.
April 30	The company paid $700 cash for this months 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); Common Stock (307); Dividends (319); 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.

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); Common Stock (307); Dividends (319); Services Revenue (403); and Utilities Expense (690). Journal entry worksheet Tanner invested $125,000 cash along with office equipment valued at $30,000 in the company in exchange for common stock. Note: Enter debits before credits