(Click the icon Read the require Requirement 1. Revenue: Drake is required, select Dec. 2 Drake contributed $15,000 cash in exchange for capital 2 Paid monthly office rent, $3,600 3 Paid cash for a computer, $1,500. This equipment is expected to remain in service for five years 4 Purchased office furniture on account 53.650. The furniture should last for five years. 5 Purchase office supplies on account. $550 9 Performed consulting service for a client on account, 51,600 12 Paid utilities expenses, 5260 18 Performed service for a client and received cash of $3.500 21 Received 53.750 in advance for client service to be performed in the future Dec. 2 Drake con Date Dec. 2 ired, select Drake con 21 Hired an administrative assistant to be paid $2,250 on the 20th day of each month. The secretary begins work immediately 26 Paid $400 on account 28 Collected $350 on account 30 Drake withdrew $1,100 Date 2 1. Journalize the transactions, using the following accounts: Cash; Accounts Receivable; Office Supplies; Equipment, Furniture; Accounts Payable; Unearned Revenue; Drake, Capital, Drake, Withdrawals; Service Revenue; Rent Expense; and Utilities Expense. Explanations are not required. 2. T-accounts have been opened for you. Post the journal entries to the T-accounts and calculate account balances. Use the transaction dates as posting references 3. Prepare a trial balance as of December 31, 2016. 4. Prepare the income statement of Drake Consulting for the month ended December 31, 2016. 5. Prepare the statement of owner's equity for the month ended December 31, 2016 Print Done