BUSINESS BSBA started operations on January 1, 2020. A summary of the transactions during the year is provided below:

January: 1. The owner invested 2,000,000 to the business.

2. Acquired equipment for 1,000,000 cash.

3. Obtained a 12%, one-year, bank loan of 500,000.

4. Paid one-year insurance amounting to 160,000 on September 30, 20x1.

5. Total service fees earned amounted to 6,000,000, one-third of which was on cash basis.

6. Collected 1,800,000 accounts receivable.

7. Total salaries expense paid amounted to 1,200,000.

8. Total utilities expense paid amounted 500,000.

9. Total supplies purchased on cash basis amounted to 120,000.

10. Total owner's drawings amounted to 1,400,000. Requirements:

a. Provide the journal entries for the transactions.

b. Post the entries to the ledger using T-accounts.

c. Prepare the unadjusted trial balance