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After several months of planning, Jasmine Worthy started a haircutting business called Expressions. The following events occurred during its first month of business. On August

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After several months of planning, Jasmine Worthy started a haircutting business called Expressions. The following events occurred during its first month of business. On August 1, Worthy invested $6,000 cash b. On August 2, Expressions paid $600 cash for furniture for the shop. c. On August 4, it purchased $1,200 of equipment on credit for the shop (using a long-term note payable). d. On August 15, it provided $100 of haircutting services on account. e. On August 17, it received a $100 check for services previously rendered on account. . On August 17, it paid $125 cash to an assistant for hours worked during the grand opening. f. g. Cash received from services provided August 18, was $930. h. On August 31, it paid a $400 installment toward principal on the note payable entered into on August 4 Required: 1. Create Accounts for each transaction 2. Close the accounts at the end of the month 3. Compile a Trial Balance 4. Prepare a balance sheet as of August 31

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