2. On December 1, Bob Waldo began an auto repair shop, Waldo's Quality Automotive. The following transactions occurred during December: Dec. 1 Waldo contributed $70,000 cash to the business in exchange for capital. 1 Purchased $12,000 of equipment paying cash. Paid $1,750 for a five-month insurance policy starting on December 1 . Paid $20,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $2,800. 19 Borrowed $15,000 from the bank for business use. Waldo signed a note payable to the bank in the name of the business. The note is due in five years. 22 Paid $1,300 for advertising expenses. Paid $900 on account. The business received a bill for utilities to be paid in January, $280. Revenues earned during the month included $16,000 cash and $3,600 on account. Paid employees' salaries $3,800 and building rent $1,200. Record as a compound entry. 31 The business received $1,440 for auto screening services to be performed next month. 31 Waldo withdrew cash of $5,500. The business uses the following accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land; Equipment; Accumulated Depreciation-Equipment; Accounts Payable; Utilities Payable; Interest Payable; Unearned Revenue; Notes Payable; Waldo, Capital; Waldo, Withdrawals; Income Summary; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; Advertising Expense; Supplies Expense; Insurance Expense; Interest Expense; and Depreciation Expense-Equipment. Adjustment data: a. Office Supplies used during the month, $1,800. b. Depreciation for the month, $200. c. One month insurance has expired. d. Accrued Interest Expense, \$75. Prepare an unadjusted trial balance. Complete the worksheet for the month ended December 31, 2018