2. On November 1, 201X, Barbie Riley opened Barbie's Art Studio. The following transactions occurred in November. Nov. 1 Barbie Riley invested $8,000 in the art studio. Nov. 1 Paid ten months' rent in advance, $2,800. Nov. 3 Purchased $1,200 of equipment from Omni Co. on account. Nov. 5 Received $900 cash for art-training workshop for teachers. Nov. 8 Purchased $450 of art supplies for cash. Nov. 9 Billed Howie Co. $2,500 for group art lessons for its employees. Nov. 10 Paid salaries of assistants, $1,300. Nov. 15 Barbie withdrew $100 from the business for personal use. Nov. 28 Paid electrical bill, $110. Nov. 29 Paid telephone bill for November, $140. Your tasks are to do the following: a. Set up a ledger. b. Journalize (all page 1) and post the November transactions. c. Prepare a trial balance as of November 30, 201X. The chart of accounts includes Cash, 111; Accounts Receivable, 112; Prepaid Rent, 114; Art Supplies, 121; Equipment, 131; Accounts Payable, 211; Barbie Riley, Capital, 311; Barbie Riley, Withdrawals, 312; Art Fees Earned, 411; Electrical Expense, 511; Salaries Expense, 521; and Telephone Expense, 531