1. Javelina Unlimited's account balances on December 1, 2019 are as follows: Cash Account Recelvable Allowance for Doubtful Accounts Notes receivable Invesntory Prepaid insurance Office Supplies Iland Buildings Accumulated Depr-Building Equipment Accumulated Dept. Equip Patents Debit Credit S 7,800 S 12530 $ 740 S6,000 S 25.121 S 840 S 465 $ 74,350 S 66.580 S 21.400 $ 37,620 $ 11.480 S 25.000 Accounts Payable Uneamed Revenue Notes Payable Common Stock, No par Retained Earnings, Jan 1 Sales Revenue Cost of Goods Sold Sales Salaries Office Salaries Advertising Expense Utilities Expense Interest Revenue Interest Expense Debit Credit $ 38,750 4,000 $ 2.400 $ 165,000 $ 20,958 $ 36.833 $ 22.000 $6.200 5 4300 $ 1250 $ 1,845 $ 550 $ 210 During the month of December, the following transactions took place: Dec 1 Dec 3 Dec 4 Dec 7 Dec 9 Dec 11 Dec 13 Dec 15 Dec 17 Collected $5,000 on Account Receivable. Purchased $3,000 of inventory on credit (terms 2/10.n 30). Collected $1,500 on a note receivable ($1,450 principle, $50 interest) Recorded cash sales of $3,300. Cost of Inventory was $1,500. Paid for advertising $350. Purchased equipment for $15,000. Paid, $1,500 down, balance on a note. Paid for the inventory purchased on Dec 3 Purchased Office Supplies $300 Sold an old piece of equipment costing $10,000 for $2000. Related accumulated depreciation was $7,000 Made a sale of $5,000 on account. Cost of goods sold was $3,000. Paid 2020 insurance in advance $6,800 Paid sales salaries of $2.000 and office salaries of $1500. Dec 20 Dec 21 Dec 24 Required: 1. Prepare the joumal entries for the above transactions. 2. Post to general ledger T-accounts. (Yes - you need to do the T accts) 3. Prepare a trial balance for December 31, 2019