Date Business transactions Jan. 1 Jack Harrison invested $40,000 cash and office equipment valued at $17,000 in his consulting business. Jan. 1 Harrison paid 3-month rent of \$3,600 in advance covering January to March rental. Jan. 5 Office supplies of $3,500 were purchased by cash. Jan. 10 Consulting service was provided to Leonardo Company at $8,000. Leonardo Company paid Harrison in cash on the same date. Jan. 12 An office equipment of \$550 was purchased from Furniture Accessories Company on credit. Jan. 15 Consulting service was rendered to Kiwi Company (Kiwi), and Kiwi received the bill of $6,000 for the payment on the same date. Kiwi paid $2,000 cash at once and the remaining amount to be paid within 10 days. Jan. 19 Jack Harrison withdrew cash $2,600 from the business. Jan. 23 Kiwi paid to Harrison remaining amount of the bill on 15 Jan. Jan. 27 Harrison settled credit purchase of the equipment on Jan. 12. The payment was made in cash. Jan. 31 Harrison paid electricity of $700 for January. Required: a) Prepare general journal entries to record the above transactions (Explanation of each journal entry i NOT required). b) Draw up a T-account for cash and do the posting for the transactions relevant to cash account only Show the ending balance in the cash account