1. ACT 350 owners Invested $94,300 on the Company 2. ACT 350 made a sales of $52,500 Cash 3. ACT 350 made a Sales of $41,300 on Account 4. ACT 350 Bought Inventories worth $32,300 on Account 5. ACT bought Equipment's worth $21000 Cash 6. ACT 350 received $35,000 for services to be delivered in the next 12 month 7. ACT 350 Paid $6000 for 12 month insurance in advance 8. ACT 350 delivered 40% of the services in Transection 6 9. ACT 350 paid 14,500 wages 10. ACT 350 Paid $5,000 for Utilities 11. ACT 350 Paid $5000 for rent 12. Made Sales for $32000, $12, 500 were Cash and the rest were on Account 13. Received $14000 cash from transaction 12 14. Bought inventory 10,000 on account the term were 1/10, n/30 15. After 8 days made the payment for transaction 14 16. promised to pay wages amounting $12,000 in the next 25 days 17. Accumulated rent in the amount of S6500 and promised to pay in the next 30 days 18. Paid $10,000 to employees in transaction 16 19. Sold inventory on Account amounting S17.000 term, 1/10. n/30 20. Customer in Transaction 19 paid for the inventory after 7 days from the transaction Instructions: 1. Prepared the balance sheet using Sage 2. Prepare the income statement Using Sage 3. Prepare the Cash flow Statement Using Sage 4. Prepare the Trail Balance Using Sage 5. Show all transactions Using Sage