Creighton's transactions for the first month of business are as follows: . Jan. 1 Creighton invested cash in the business, $10,000, |Paid rent, $500. 2 Purchased office supplies on account, $300 Purchased office equipment on account, $1,500. Received cash for services rendered, $580. 7 Paid phone bill, $42. 8 Paid utilities bill, $38. 10 Received cash for services rendered, s360. Made payment on account, $50. 13 Paid for car rental while visiting an out of town client (transportation expense), $150. Paid part-time worker, $360. 17 Received cash for services rendered, 5420 Creighton withdrew cash for personal use, $100. Paid for a newspaper ad, $26. Reimbursed part-time employee for cab fare incurred delivering materials to clients (transportation expense), $35. 24 Paid for books on consulting practices (miscellaneous expense), $28. Darab o nar vandaan per 4. joulding a PUSUN LLIUS Chapter Contents AA ? A Re iseu Part-urne employee U Law idle incurred delivering materials to clients (transportation expense), $35. Paid for books on consulting practices (miscellaneous expense), $28. Received cash for services rendered, $320. Made payment on account for office equipment purchased, $150. Paid part-time worker, $360. Received cash for services rendered, $180. 25 27 30 Required 1. Set up general ledger accounts from the chart of accounts. 2. Journalize the transactions for January in a two-column general journal. Use the following journal page numbers: January 1-10, page 1; January 12-24, page 27 January 25-30, page 3. 3. Post the transactions to the general ledger. 4. Prepare a trial balance. 5. Prepare an income statement and a statement of owner's equity for the month of January and a balance sheet as of January 31, 20- Answer + Check Figure: 0 0