CAN YOU SHOW THE ANSWER TO THESE ACCOUNTING CYCLE STEPS AND PLOT IT IN A TABLE . For the past several years, Kaz Zionra has operated a part-time consulting business from her home. As of September 1, 2020 Ms. Zionra decided to move to a rented quarters and to operate the business, which was to be known as Simple Consulting, on a full time basis. Simple Consulting entered into the following transactions during September: Sept 1 The following assets were received from Kaz Zionra: Accounts receivable, P15,000; Supplies, P12,500; Office equipment, P75,000. Kaz opened a checking/savings account with BDO for an amount of P100,000 Issued BDO Check 001 in payment for three months' rent on a lease contract, P45,000 Signed contracts with Clients A, B, C to render a per project consulting service. Hired a part-time receptionist who started to work immediately Sept 2 Issued CK 002 to pay the premiums on property and casualty insurance policies for a 12-month coverage starting Sept 1, 2020, to August 31, 2021, P18,000 Sept 4 Issued OR 001 for cash received from Client D as an advance payment for services to be provided on a monthly basis over a period of three months starting September, P30,000 Sept 5 Purchased additional office equipment on account from SM Homes, P18,000 Sept 6 Issued OR 002 for cash received from a client in payment of an account, P8,000 Sept 10 Issued CK 003 to SunStar Daily for a newspaper advertising, P1,200 Sept 12 Issued CK 004 to SM Homes in partial payment of the debt incurred in Sept 5, P8,000 Sept 14 Issued CK 005 in payment of the part-time receptionist two-weeks' salary, P4,000 Sept 17 Issued OR 003 to client A in payment of consulting services rendered, P31,750 Sept 18 Purchased supplies from National Bookstore issued CK006, P7,500 Sept 24 Issued OR 004 to client B in payment of consulting services rendered, P18,500 sept 27 Issued OR 005 to client C in payment of services rendered, P16,000 SEPT 28 Issued CK 006 to Kaz for personal use, P45,000 Issued CK 007 in payment of the part-time receptionist two-weeks' salary, P4,000 SEPT 29 Issued OR 006 to Client X, P20,500 Instructions: 1. Journalize each transaction using the special and general journals. Refer to the following chart of accounts in selecting the accounts to be debited or credited. (There is no need to use the account numbers in journalizing and posting at this time) 110 Cash in BDO 310 Kaz Ziona, Capital 120 Accounts receivable 320 Kaz Ziona, Drawing 140 Supplies 410 Consulting fees revenue 150 Prepaid rent 510 Salary expense 160 Prepaid insurance 520 Rent expense 180 Office equipment 530 Supplies expense 190 Accumulated depreciation. 540 Depreciation expense 210 Accounts payable 550 Insurance expense 220 Salaries payable 560 Utilities expense 230 Unearned fees 570 Communication expense 2. Post the journal to the ledger. 3. Prepare a trial balance 4. On October 10, 2020 you were asked by Ms. Zionra to prepare the Financial Statements for the month of September. Ms. Zionra also gave you the following data/information on this date. The company received a bill from Visayas Electric Co. on October 5 for electricity consumption in the month of September which was paid October 8, P2,000 The company received and paid a bill from Metro Cebu Water System on October 6, P500 for its water consumption in the month of September. The company received a bill from Smart Telecom on October 3 for its postpaid plan, P1,500. The receptionist gave a list of the unused supplies on September 30 amounting to P10,200 The receptionist also gave a list of customers who were not yet billed for the services already rendered by the Simple Consulting, total amount P43,500 It was determined that the office equipment have an estimated useful life of 5 years. The receptionist resigned on September 30 and she was paid her salaries for two days amounting to P800. A new receptionist was already hired as a replacement on Oct 1. Required: adjusting entry and adjusting balance