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After its first month of operations, Paquette Advisors showed the following account balances in its general ledger accounts ( T - accounts ) as at

After its first month of operations, Paquette Advisors showed the following account balances in its general ledger accounts (T-accounts) as at January 31,2017. CHECK FIGURES: 4. Profit =
35,400 During February, the following transactions occurred: Feb. 1 Performed work for a client and received cash of
5,000 regarding outstanding accounts payable. 10 Received cash of
400 rental fee will be paid in full when the equipment is returned. 17 The owner withdrew cash of
10,000. Required 1. Record the journal entries for the month of February. 2. Post the journal entries to the general ledger (T-accounts). Include the date next to each posting. 3. Prepare a trial balance based on the balances in your T-accounts. 4. Prepare an income statement for the two months ended February 28,2023.5. Prepare a statement of changes in equity for the two months ended February 28,2023.6. Prepare the balance sheet as at February 28,2023

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