Business transactions completed by Hannah Venedict during the month of September are as follows a. Venedict invested $86,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV Consulting. b. The company purchased land valued at $40,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $165,000. c. The company purchased $1,900 of office supplies on credit. d. Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,700 and is to be used exclusively in the business. e. The company purchased $5,900 of additional office equipment on credit. f. The company paid $1,500 cash salary to an assistant. g. The company provided services to a client and collected $7,600 cash. h. The company paid $635 cash for this month's utilities. i. The company paid $1,900 cash to settle the account payable created in transaction c. j. The company purchased $20,100 of new office equipment by paying $20,100 cash k. The company completed $6,250 of services for a client, who must pay within 30 days. I. The company paid $1,600 cash salary to an assistant. m. The company received $3,500 cash in partial payment on the receivable created in transaction k n. The company paid $2,600 cash in dividends. 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); Common Stock (307); Dividends (319); 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 Complete this question by entering your answers in the tabs below. 1 Venedict invested $86,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV Consulting 2 The company purchased land valued at $40,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $165,000 3 The company purchased $1,900 of office supplies on credit. 4 Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,70oo and is to be used exclusively in the business. The company purchased $5,900 of additional office 5 equipment on credit. The company paid $1,500 cash salary to an assistant 6 The company provided services to a client and collected $7,600 cash 7 8 The company paid $635 cash for this month's utilities. The company paid $1,900 cash to settle the account payable created in transaction c 9 The company purchased $20,100 of new office 10 equipment by paying $20,100 cash VC The company completed $6,250 of services for a client, 11 who must pay within 30 days. 12 The company paid $1,600 cash salary to an assistant The company received $3,500 cash in partial payment on the receivable created in transaction k 13 The company paid $2,600 cash in dividends. 14 Required 1 Required 2 Required 3 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); Common Stock (307); Dividends (319); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602) View transaction list Journal entry worksheet 4. 5 6 7 8 14 Venedict invested $86,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV Consulting. Note: Enter debits before credits. Tranasaction Account Title Debit Credit a Record entry Clear entry View general journal