Assignment 1 (10 Marks) Abdullah begins business as a real estate agent, named Sanctuary Real Estate Agency. The following are transactions occurred during his first month of business: Date Transactions Jan 1 Abdullah invests $22,000 in cash to start his business on January 1, 2021. 2 Hired an administrative assistant at a salary of $2,000 per month 6 Purchased office equipment for $5,500 from Good Furniture, paying $2,000 in cash and the balance of on account. 15 Paid $2,500 cash for rent expense. 16 Purchased supplies on account for $1,200. 21 Billed $1,300 to customers for services performed. 23 Incurred utility expenses for month on account $1,000 30 Received $1,000 cash from the customers who have previously been billed in transaction Jan 21. REQUIRED: a. Prepare journal entries to record each transaction occurred during January 2021. b. Post the transaction to ledger. C Prepare trial balance as at 31 January 2021. .pdf OS Q Search Assignment 1 (10 Marks) Jan Abdullah begins business as a real estate agent, named Sanctuary Real Estate Agency. The following are transactions occurred during his first month of business: Date Transactions 1 Abdullah Invests $22,000 in cash to start his business on January 1, 2021. 2 Hired an administrative assistant at a salary of $2,000 per month 6 Purchased office equipment for $5,500 from Good Furniture, paying $2,000 in cash and the balance of on account. 15 Paid $2,500 cash for rent expense. 16 Purchased supplies on account for $1,200. 21 Billed $1,300 to customers for services performed. 23 Incurred utility expenses for month on account $1,000 30 Received $1,000 cash from the customers who have previously been billed in transaction Jan 21. REQUIRED: a. Prepare journal entries to record each transaction occurred during January 2021. b. Post the transaction to ledger c. Prepare trial balance as at 31 January 2021. 16 W Id