5: 10: 15: 20: Oct 1: Owners invest $30,000 cash. Buy machine for $5,000 cash. Buy supplies on account, $980 Perform services for $9,300 cash. Pay telephone, $325. 22: Pay owners $1400(drawing) 28: Pay 350 on account for the transaction of Oct 10th INSTRUCTIONS A. Journalize the above transactions. B. Post to the T-accounts. C. Do a trial balance (dated Oct. 31st) D. Do adjusting journal entries, using the following: 1. Machine depreciated by $850 2. Supplies remaining = 500 3. Receive Con Ed bill, $700 (not paying now). 4. Owe the workers a salary of $1,500 E. Post the adjusting entries to the T-accounts. F. Do an adjusted trial balance. G. Prepare three financial statements. 1. Income statement 2. Capital statement 3. Balance sheet H. Do closing entries. I. Post these entries J. Do a post-closing trial balance