Denzel brooks opened a web consulting business called venture consultants and completes the following transactions in march. march 1 brooks invested $160,000 cash along with $27,000 n office equipment in the company in exchange for common stock. 2 the company prepaid $8,500 cash for six months' rent for an office. (hint: debit prepaid rent for $8,500.) 3 the company made credit purchases of office equipment for $4,500 and office supplies for $1,700. payment is due within 10 days. 6 the company completed services for a client and immediately received $4,000 cash. 9 the company completed a $9,400 project for a client, who must pay within 30 days. 12 the company paid $6,200 cash to settle the account payable created on march 3. 19 the company paid $4,900 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $4,900.) 22 the company received $5,000 cash as partial payment for the work completed on march 9. 25 the company completed work for another client for $4,660 on credit. 29 the company paid $6,000 cash in dividends. 30 the company purchased $900 of additional office supplies on credit. 31 the company paid $1,400 cash for this month's utility bill.
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Denzel brooks opened a web consulting business called venture consultants and completes the followin...
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