3. Question 1 You have been hired as the accountant for a newly formed real estate company called Alex Real Estate Limited. The following business transactions occurred during the month of September, 2018: 1. Shareholders invested $35,000 in cash for 35,000 common shares to start the corporation. 2. Signed a lease for office space, at $9,500 per year for five years. Paid $250 cash for supplies. 4. Purchased equipment for $12,000, paying $7,000 in cash and signing a 30-day bank loan payable for the balance. 5. Purchased $200 of supplies on account. 6. Real estate commission fees billed to clients totalled $9,700. 7. Paid $700 cash for the current month's rent. 8. Paid $100 cash on account for supplies purchased in transaction 5. 9. Received a bill for $500 for advertising for the current month. 10. Paid $3,500 cash for office salaries. 11. Paid $1,000 cash dividends to shareholders. 12. Received a chegue for $5,000 from a client in payment on account for commissions billed in transaction 6. Instructions (a) Record the transactions for September 2018. You may omit explanations. (b) Prepare a trial balance