1.Dave Shurek started Hindsight Electric in February 2020. Hindsight completed the fo transactions during February of the current year: (5 Marks) Feb. 1 Began a Hindsight Electric company by investing $7,000 in cash and computer equipment having a $5,000 fair value. Feb. 2 Purchased electrical tools for $1,100 on account. Feb. 4 Completed hot tub electrical work for $1,900 on account. Feb. 8 Completed electrical panel upgrade for $500 cash. Feb. 10 Paid for the items purchased on credit on February 2. Feb. 14 Paid $1,600 for the annual rent. Feb. 18 Received $900 for the work completed on February 4. Feb. 27 D. Shurek withdrew $200 cash from the practice to pay personal expenses. Feb. 28 Paid the February utility bills, $100. Prepare general journal entries to record the transactions. Include a brief description for each entry. 2. The balances for the accounts of Millie's Maintenance Co. for the year ended Decem 2020 are shown below. Each account shown has a normal balance. (10 Marks) $11,250 22,000 2,450 Accounts payable Accounts receivable Cash Maintenance supplies Building Supplies expense Millie, capital, beginning Maintenance revenue $15,000 Equipment 10,000 Wages expense ? Utilities expense 3,300 Millie, withdrawals 50,500 Notes payable 2,200 Land 5,000* Unearned maintenance revenue 206,000 32,000 10,000 22,500 The ending balance of the capital account is $20,000; the only addition to t account for the year was profit. Calculate the correct balances for Cash an Maintenance supplies Building Supplies expense Millie, capital, beginning Maintenance revenue 3,300 Millie, withdrawals 50,500 Notes payable 2.200 Land 5,000* Unearned maintenance revenue 206,000 32,000 10,000 22,500 The ending balance of the capital account is $20,000; the only addition to the account for the year was profit. Calculate the correct balances for Cash and Millie, Withdrawals and prepare a trial balance