Business transactions completed by Hannah Venedict during the month of September are as follows.

a. Venedict invested $82,000 cash along with office equipment valued at $22,000 in a new sole proprietorship named HV Consulting.

b. The company purchased land valued at $35,000 and a building valued at $150,000. The purchase is paid with $30,000 cash and a long-term note payable for $155,000.

c, The company purchased $2,300 of office supplies on credit.

d. Venedict invested her personal automobile in the company. The automobile has a value of $16,700 and is to be used exclusively in the business.

e. The company purchased $5,400 of additional office equipment on credit.

f. The company paid $1,600 cash salary to an assistant.

g. The company provided services to a client and collected $7,800 cash.

h. The company paid $635 cash for this months utilities.

i. The company paid $2,300 cash to settle the account payable created in transaction c.

j. The company purchased $20,500 of new office equipment by paying $20,500 cash.

k. The company completed $6,500 of services for a client, who must pay within 30 days.

l. The company paid $1,700 cash salary to an assistant.

m. The company received $4,000 cash in partial payment on the receivable created in transaction k.

n. Venedict withdrew $2,800 cash from the company for personal use.

Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); H. Venedict, Capital (301); H. Venedict, Withdrawals (302); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602).

2. Post the journal entries from part 1 to the ledger accounts.

3. Prepare a trial balance as of the end of September.