2 HW Problem Show Me How business, $40,000 3 Purchased supplies on account, $3,200 4 Paid creditor on account $1,750 $420 8 Determined that the cost of supplies used was $1,400 9 Withdrew cash for 6 Paid automobile expenses (ncluding rental charge) for month, $1,880, and $420 7 Paid office salaries, $5,000 8 Determined that the cost of supplies used was $1,400 Required: 1.Journalize entries for transactions Jan. 1 through 9. Refer to the Chart of Accounts for exact wording of account titles 2. Post the journal entries to the T accounts, selecting the appropriate date to the left of each amount to identify the transactions. Determine the account balances after all posting is complete. Accounts containing only a single entry do not need a balance 3. Prepare an 4 Determine the following d trial balance as of January 31, 2019 a Amount of total revenue recorded in the ledger b. Amount of total expenses recorded in the iedger c Amount of net income for January 5. Determine the increase or decrease in gwner's equity for January eck My Work