51.0mer Duncan's Concrete Limited completed the following transactions during the month of August of the current year: Aug 1 Purchased a new mixing machine for $22,500, paying cash of $2,500 and signing a note payable for the remainder. Aug 4 Omer (owner) purchased a new snowmobile for personal use which he funded with excess cash held by the company, $12,000. Aug 4 Completed finishing work for $1,700 on account. Aug 5 Purchased finishing tools for $1,100 on account. Aug 10 Received payment of $800 in advance for work to be performed next month. Aug 15 Paid annual insurance premiums of $3,500 which provides coverage for a one-year period Aug 17 Received payment in full from the work completed on August 4. Aug 21 Paid for items purchased on August 5. Aug 25 Paid cash of $400 for an oil change and minor repairs to the company vehicle. Aug 31 Paid the August utility bills for a total of $250. The Post-closing Trial Balance at July 31st had the following normal balances: Instructions 1. Post entries to appropriate ledger accounts 2. Prepare a Trial Balance for August 30th. 3. Prepare the Balance Sheet for August 30th. (note; because this is a Chapter 2 quiz, if you think there are any adjusting journal entries required, ignore any such journal entries; mranaro the Balance Sheet only using the period joumal entries for August above)