2. Journal Entries Points 50 Janold Printing Company completed these transactions during the month of August of the current year; Janold Printing Inc. began a printing services and the Owner Janold B invested $200,000.00 cash and an Aug. 1 industrial printing machine valued at $250,000.00 3 Purchased a Copier on credit by promised to pay sometime in the future for $10,500.00 on credit. Purchased printing supplies for $15,000; paid 10,000.00 in cash and the remaining $5,000.00 will be paid 5 at a later date. 6 Purchased inks totaling $3,500.00 with cash 7 Paid $18,000 for a six months insurance policy to be used monthly. 10 Completed work for Mrs. Manlaugh Always Inc. and immediately received a payment of $20,000 cash. 5 7 Purchased Materials totaling $5,000.00; paid $3,000.00 and the remaining amount of $2,000.00 will be paid later. 12 15 17 Completed work for Mr. Happy Cole Inc. on credit for $15,000.00 Paid the remaining amount for the supplies purchased on November 5 Received $10,000 as part payment from Mr. Happy Cole Inc. for the service performed om November 19 15. 25 Received $100,000 from a client for Printing services to be rendered in September. Paid $2,380 cash for the August utility bills. Paid the owner Janold $20,000 cash as dividend. 28 30 Requirements: A. Prepare the general journal entries to record these transactions, B. Post to the ledger and Prenare the Vnadiusted Trail Ralance C