CityBnB€™s records showed the following beginning balances on July 31, 2017. Using the information provided and the analysis completed in QS 2-6 and QS 2-7, complete the following:
1. Post the journal entries to the general ledger using T-accounts. Include the date of each transaction next to your posting.
2. Calculate the balance in each T-account. 

3.Prove the accounting equation (Assets = Liabilities + Equity).

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Accounts Receivable Cash Furniture Jul 31 Jul 31 25,000 1,500 Jul 31 5,000 Accounts Payable Douglas Malone, Capital Revenue 28,000 Jul 31 Jul 31 500 Jul 31 4,500 Cleaning Expense Jul 31 1,500