(8+2=10) 2. (a) Jonson Park was started on Decemberl by Mitchel Jonson. The following selected events and transactions occurred during the month: Dec. 1 Jonson invested $90,000 cash in the business. 3 Purchased $2,200 of supplies on account from Read Supply Company. 4 Purchased land costing $15,000 for cash. 8 An advertisement was published on The Daily Sun. The Daily Sun sent a bill of $2,500. 13 Paid $3,000 cash for interest. 18 Hired a secretary-receptionist at a salary of $2,000 per month. 20 Received $2,300 in cash for providing services. 23 Customers were billed for $6,900 after performing services. 28 Received cash for amount due from customers on December 23. 30 Paid 40% of balance due to Read Supply Company. Instruction: Prepare journal entries. 10 4.a) From the information given in question 2 to prepare ledger of the following accounts- Cash, Accounts Receivable, Accounts Payable, Service Revenue. b) How to identify Debit balance and Credit Balance in ledger accounts. (7+3=10)