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Abdo Salem opened a computer consulting business called Capital Consultants. The company completed the following transactions during the month of January 2 0 2 4

Abdo Salem opened a computer consulting business called Capital Consultants. The company completed the following transactions during the month of January 2024:
Jan 1. Mr. Salem invested in the business $25,000 in cash.
1. Purchased office supplies for $250.
2. Purchase office equipment for $6500 on account.
5. Completed a consulting service for a client and immediately received $3,500 fees in cash.
6. Completed a $5,000 project for a client, who will pay in 30 days.
9. Paid $2000 of his liability created on January 2.
10. Received $780 advertising bill, will be paid later.
15. Received $4000 partial payment for work completed on January 6.
22. Completed work for another client for $1,500. Money received right away.
24. Mr. Salem withdrew $750 from the business for personal use.
25. Received $630 utility bill for the month. The bill has not been paid yet.
30. Paid $2,500 salary for his assistant.
Required
1- Prepare the Journal entries to record the above transactions.
2- Prepare the trial balance at January 31,2024
3- Prepare the income statement, statement of owners equity, and balance sheet for January 31,2024.

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