Customarily, a trial balance is prepared aM. Lily has the following transactions during February of the current year. Feb. 2 Begins a business as a tennis coach with a cash investment of $ 4,500 . 3 Purchases supplies (tennis balls and baskets), $ 770 cash. 20 Provides coaching lessons to H. Harrison; bills H. Harrison $ 490 for services performed. 27 Pays utilities (cell phone bill) $ 115 . Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titlesare automatically indented when amount is entered. Do not indent manually.)t the end of each day. at the end of an accounting period. only at the inception of the business. after each journal entry is posted