Gary Bauer opens a computer consulting business called Technology Consultants and completes the following transactions in April.

Problem 2-1A Preparing and posting journal entries; preparing a trial balance L.O. C3, C4, A1, P1, P2

[The following information applies to the questions displayed below.]

Gary Bauer opens a computer consulting business called Technology Consultants and completes the following transactions in April.

April 1	Bauer invested $100,000 cash along with $24,000 in office equipment in the company in exchange for common stock.
2	The company prepaid $7,200 cash for twelve months’ rent for an office. (Hint: Debit Prepaid  Rent for $7,200.)
3	The company made credit purchases of office equipment for $12,000 and office supplies for $2,400. Payment is due within 10 days.
6	The company completed services for a client and immediately received $2,000 cash.
9	The company completed an $8,000 project for a client, who must pay within 30 days.
13	The company paid $14,400 cash to settle the account payable created on April 3.
19	The company paid $6,000 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $6,000.)
22	The company received $6,400 cash as partial payment for the work completed on April 9.
25	The company completed work for another client for $2,640 on credit.
28	The company paid $6,200 cash for dividends.
29	The company purchased $800 of additional office supplies on credit.
30	The company paid $700 cash for this month’s utility bill.

Problem 2-1A Part 1

Required:
1.	Record these transactions using the following titles:Cash, Accounts Receivable, Office Supplies, Prepaid Insurance,Prepaid Rent, Office Equipment, Accounts Payable, Common Stock, Dividends, Services Revenue, and Utilities Expense.(Omit the "$" sign in your response.)

  

Date	General Journal	Debit	Credit
April 1	Cash
	Office equipment
	Common stock		124,000
2	Prepaid rent	7,200
	Cash		7,200
3	Office equipment
	Office supplies
	Accounts payable		14,400
6	Cash	2,000
	Services revenue		2,000
9	Accounts receivable	8,000
	Services revenue		8,000
13	Accounts payable	14,400
	Cash		14,400
19	Prepaid insurance	6,000
	Cash		6,000
22	Cash	6,400
	Accounts receivable		6,400
25	Accounts receivable	2,640
	Services revenue		2,640
28	Dividends	6,200
	Cash		6,200
29	Office supplies	800
	Accounts payable		800
30	Utilities expense	700
	Cash		700