Questions 8-10 (of 10) Problem 2-2A Preparing and posting journal entries; preparing a trial balance...
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Questions 8-10 (of 10) Problem 2-2A Preparing and posting journal entries; preparing a trial balance Lo c3. c4, A1, P The following information applies to the questions displayed below) Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transactions In March. March 1 Brooks invested $155000 cash along with $27000 in office equipment In exchange for Common stock. 2 The company prepaid $8,000 cash for six months' rent for an office. (Hint Debit Prepaid Rent for $8,000. 3 The company made credit purchases of office equipment for $3.600 and office supplies for $1.200. Payment is due within 10 days. 6 The company completed services for a client and immediately received $3,000 cash. 9 The company completed a $7600 project for a client, who must pay within 30 days. 12 The company paid $4,800 cash to settle the account payable created on March 3. 19 The company paid $8100 cash for the premium on a 12-month insurance policy. (Hint Debit Prepaid Insurance for $8100) 22 The company received $5.300 cash as partial payment for the work completed on March 9. 25 The company completed work for another client for $5.040 on credit. 29 The company paid S5,600 cash in dividends. 30 The company purchased $800 of additional office supplies on credit. 31 The company paid $600 cash for this month's utility bill. References Problem 2-2A Preparing and Section Break posting journal entries, preparing a balance LO C3, CA, A1, P1, P2 trial


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