ces Problem 3-14A Journalizing, posting, adjusted trial balance, adjusting entries (monthly), financial statements LO4, 5, 6, 7 copy On August 1, 2023, Mark Diamond began a tour company in the Northwest Territories called Millennium Arctic Tours. The following occurred during the first month of operations: Aug- 1 Purchased office furniture on account; $6,200. 1 Mark Diamond invested $8,000 cash into his new business. 2 Collected $5,400 in advance for a three-week guided caribou watching tour beginning later in August. 3 Paid $7,500 for six months' rent for office space effective August 1. 4 Received $4,000 for a four-day northern lights viewing tour just completed. 7 Paid $2,000 for hotel expenses regarding the August 4 tour. 15 Mark withdrew cash of $600 for personal use. 22 Met with a Japanese tour guide to discuss a $200,000 tour contract. 31 Paid wages of $1,400. Assume Mark Diamond uses the straight-line method to depreciate the assets. Required: 1. Prepare General Journal entries to record the August transactions. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.)