$1$ Aracel Engineering Company completed the following transactions in the month of December.

a$.(1$ December$)$ J$.$ Aracel, the owner, invested $$215,000$ cash, office equipment with a value of $$7,000,$ and $$80,000$ of drafting equipment to launch the company.

b$.(3$ December$)$ The company purchased land worth $$57,000$ for an office by paying $$8,000$ cash and signing a note payable for $$49,000.$

c$.(5$ December$)$The company purchased a portable building with $$59,000$ cash and moved it onto the land acquired in $b.$

d$.(7$ December$)$ The company purchased a computer software and paid $$2,200$ cash.

e$.(8$ December$)$ The company provided services to a client and collected $$7,800$ cash.

f$.(9$ December$)$ The company purchased $$22,000$ of additional drafting equipment by paying $$9,800$ cash and signing a note payable for $$12,200.$

g$.(10$ December$)$ The company completed $$18,500$ of services for a client. This amount is to be received in $30$ days.

h$.(10$ December$)$ The company purchased $$1,300$ of additional office equipment on credit.

i$.(11$ December$)$ The company completed $$27,000$ of services for a customer on credit.

j$.(13$ December$)$ The company purchased $$1,495$ of TV advertising on credit.

k$.(15$ December$)$ The company collected $$10,000$ cash in partial payment from the client described in transaction $g.$

$(17$ December$)$ The company paid $$2,100$ cash for employee wages.

$m.(22$ December$)$ The company paid $$1,300$ cash to settle the account payable created in transaction $h.$

n$.(24$ December$)$ The company paid $$1,005$ cash for repairs.

o$.(26$ December$)$ J$.$ Aracel withdrew $$9,810$ cash from the company for personal use.

p$.(29$ December$)$ The company paid $$2,100$ cash for employee wages.

q$.(30$ December$)$ The company paid $$2,900$ cash for advertisements on the Web during December.

Required:

Prepare general journal entries to record these transactions.

Post the journal entries from part $1$ to the ledger accounts.

Prepare a trial balance as of the end of December.

Prepare the statements