Credit Debit 5,000 36,000 12,000 The following information applies to the questions displayed below Printers, Inc.) on January 1, 2019. The annual reporting period ends December 31. The trial Two classmates Jane and Aaliyah began operations of their t-shirt printing shop (J & A Cloth balance on January 1, 2020, follows: Account # Account Titles 100 Cash 110 Accounts receivable TO 120 Supplies 130 Land 140 Equipment 141 Accumulated depreciation - n - Equipment 150 Other assets (not detailed to simplify) 210 Accounts payable 220 Wages payable 230 Interest payable 240 Income taxes payable 250 Long-term notes payable 300 Common stock (8,000 shares, S0.50 par value) 310 Additional paid-in capital 320 Retained earnings 400 Service revenue 540 Depreciation expense 520 Supplies expense 530 Wages expense 550 Interest expense 560 Income tax expense Remaining expenses (not detailed to simplify) Totals 79,000 8,000 7,000 4,000 UITV 79,000 18,000 570 109.000 109,000 3. Post the journal entries for the January transactions from GJI and the January 31 adjusting entries from GJ2 to the respective General Ledger Accounts (T-Accounts) Bal Credit Balance Ref. Debit Account #100 - Cash Date Description or Explanation Jan 1 Beginning Balance Borrowed cash and issued a note payable 5.000 15.000 5.000 20,000 1 GJI ins Account #110 - Accounts Receivable Ref. Debit Credit Balance Date Description or Explanation Jan Beginning Balance . Account #120 - Supplies Ref. Debit Credit Balance Date Description or Explanation Jan Beginning Balance Account #130 - Land Credit Balance Debit Date Ref. Description or Explanation Jan Beginning Balance Account #140 - Equipment Ref. Debit Credit Balance Date Description or Explanation Jan Beginning Balance Account #141 - Accumulated depreciation - Equipment Ref. Debit Credit Balance Date Description or Explanation Jan Beginning Balance Account #150 - Other assets Ref. Debit Credit Balance Date Description or Explanation Jan Beginning Balance 7 Credit Balance Debit Account #210 - Accounts Payable Date Description or Explanation Jan Beginning Balance Ref. Credit Balance Account #220 - Wages Payable Description or Explanation Jan Beginning Balance Debit Date Ref. Account #230 - Interest Payable Date Description or Explanation Jan Beginning Balance Ref. Debit Credit Balance Account #240 - Income Taxes Payable Ref. Debit Credit Balance Date Description or Explanation Jan Beginning Balance 8