Beyers Security Company provides security services. Selected transactions for Beyers are presented below.

Oct. 1 Invested $70,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. 4 Paid one month of rent for building for $2,000. 7 Purchased equipment for $18,000, paying $4,000 cash and the balance on account. 8 Paid $500 for advertising. 10 Received bill for equipment repair cost of $390. 12 Provided security services for event for $3,200 on account. 16 Purchased supplies for $410 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $148. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,100.

31 Owner withdrew $2,000 for personal use. Instructions

a. Journalize the transactions. Do not provide explanations.

b. Post the transactions to T-accounts.

c. Prepare a trial balance at October 31, 2020. (Hint: Compute ending balances of T-accounts first.)