Case Study: XYZ Inc. is a manufacturing company that produces automobile parts. The company has the following transactions for the month of March,2023.You are required to record the following transactions into Journal, then prepare ledger and trial balance in t-shape accounts. 1. On March 1, 2023, the company received $50,000 from a customer for an order of automobile parts. The parts will be delivered in April. 2. On March 5, 2023, the company purchased raw materials worth $25,000 on credit. 3. On March 10, 2023, the company paid $10,000 for rent. 4. On March 15, 2023, the company paid $8,000 for salaries and wages. 5. On March 20, 2023, the company sold automobile parts worth $80,000 to a customer. The customer paid $20,000 in cash and the remainder will be paid in April. 6. On March 25, 2023, the company paid $5,000 for utilities. Ledger and trial balance should be in t- shape accounts