1,000 Ex. 3 The transactions of Medina Information Service are recorded in the general journal below. You are to post the journal entries to the accounts in the general ledger. After all entries have been posted, you are to prepare a trial balance on the form provided General Journal JI Ref. Debit Credit Date Account Titles and Explanation 2017 Sept. 1 Cash 35,000 35,000 Share Capital-Ordinary (Issued ordinary shares for cash) 30,000 4 Equipment 10,000 20,000 Cash Notes Payable (Paid cash and issued 2-year, 9%, note for equipment) 1,000 8 Rent Expense 1,000 Cash (Paid September rent) 400 15 Prepaid Insurance 400 Cash (Paid one-year liability insurance) 18 Cash 2,500 Service Revenue 2,500 (Received cash for delivery services) 500 Salaries and Wages Expense Cash 20 500 (Paid salaries for current period) 600 25 Utilities Expense Accounts Payable 600 (Received a bill for September utilities) 1,800 30 Dividends 1,800 Cash (Paid dividends) 2.000 2.000 30 Accounts Receivable 2,000 Service Revenue (Billed customer for delivery service)