P2-3A Sean Browne owns and manages a computer repair service, which had the follow- ing trial balance on December 31, 2016 (the end of its fiscal year). BYTE REPAIR SERVICE, LTD. Trial Balance December 31, 2016 8,000 16,000 13,000 3,000 24,000 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accounts Payable Share Capital-Ordinary Retained Earnings 19,000 33,000 12,000 64,000 64,000 Summarized transactions for January 2017 were as follows. 1. Advertising costs, paid in cash, 1,000. 2. Additional supplies acquired on account 4,000. 3. Miscellaneous expenses, paid in cash, 1,100. 4. Cash collected from customers in payment of accounts receivable 13,000. 5. Cash paid to creditors for accounts payable due 15,000. 6. Repair services performed during January: for cash 5,000; on account 9,000. 7. Wages for January, paid in cash, 3,000. 8. Dividends during January were 2,000. Instructions (a) Open T-accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2017. (b) Prepare journal entries to record each of the January transactions. (Omit explanations.) (c) Post the journal entries to the accounts in the ledger. (Add accounts as needed.) (d) Prepare a trial balance as of January 31, 2017.