Karla Tanner opens a Web consulting business called Linkworksand completes the following transactions in its first month ofoperations.
  

April		1		Tanner invested $115,000 cash along with office equipmentvalued at $27,600 n the company in exchange for common stock.
		2		The company prepaid $7,200 cash for 12 months’ rent for officespace. (Hint: Debit Prepaid Rent for $7,200.)
		3		The company made credit purchases for $13,800 in officeequipment and $2,760 in office supplies. Payment is due within 10days.
		6		The company completed services for a client and immediatelyreceived $2,000 cash.
		9		The company completed a $9,200 project for a client, who mustpay within 30 days.
		13		The company paid $16,560 cash to settle the account payablecreated on April 3.
		19		The company paid $6,000 cash for the premium on a 12-monthinsurance policy. (Hint: Debit Prepaid Insurance for$6,000.)
		22		The company received $7,360 cash as partial payment for thework completed on April 9.
		25		The company completed work for another client for $2,640 oncredit.
		28		The company paid $6,200 cash in dividends.
		29		The company purchased $920 of additional office supplies oncredit.
		30		The company paid $700 cash for this month’s utility bill.

  
Required:
1. Prepare general journal entries to record thesetransactions using the following titles: Cash (101); AccountsReceivable (106); Office Supplies (124); Prepaid Insurance (128);Prepaid Rent (131); Office Equipment (163); Accounts Payable (201);Common Stock (307); Dividends (319); Services Revenue (403); andUtilities Expense (690).
2. Post the journal entries from part 1 to theledger accounts.
3. Prepare a trial balance as of April 30.