Derek Scoffin owns and operates YH Curling School on evenings and weekends. The company had the following balances in its general ledger at January 31, 2021: Cash $2,460. Accounts Receivable 5795, Equipment $12.490, Accounts Payable $1.540, and D. Scoffin, Capital S14 205. The following events and transactions occurred during February 2021 Feb. 1 2 3 4 6 Received and paid a $445 advertising bill. Paid the YH Curling Club $1,030 rent for use of the ice for lessons during the first two weeks of February Collected $4.290 cash for February's curling lessons Collected all of the accounts receivable at January 31 in cash. Paid $1,190 of the accounts payable at January 31. Paid his part-time assistant $305. Paid the YH Curling Club $1.030 rent for use of the ice for lessons during the last two weeks of Feb Provided $1545 of coaching services to curlers preparing for a tournament. The curlers will pay him on March 2. Paid $185 cash for the telephone bill for February Received $2.950 cash for curling lessons in March 14 15 23 26 27 27 28 Withdrew $555 cash. Used the cash to pay his Visa bill Paid his part-time assistant $305 Paid the YH Curling Club $1.030 rent for use of the Ice for lessons during the first two weeks of March. 28 Prepare journal entries to record each of YH Curling School's February transactions. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit Using Taccounts, open the required ledger accounts for the transactions that were journalized, and enter the January 31, 2021. balances Cash Accounts Receivable Equipment Accounts Payable D. Scoffin, Capital Post the journal entries to the accounts in the ledger. (Post entries in the order of journal entries presented in the previous part.) Cash Jan 31 2460 > > C 33% Accounts Receivable Jan. 31 795 Equipment Jan. 31 12,490 Prepaid Rent Question 7 of 7 C Accounts Payable Jan. 31 1.540 Unearned Revenue D. Scoffin, Capital Jan. 31 14.205 D. Scoffin, Drawings Service Revenue Advertising Expense Telephone Expense Rent Expense Salaries Expense IN Prepare a trial balance as at February 28, 2021 YH CURLING SCHOOL Trial Balance Debit Credit $ $ C Prepare an income statement for YH Curling School for the month YH CURLING SCHOOL Income Statement Prepare a statement of owner's equity for the month, (List items that increase owner's equty first.) YH CURLING SCHOOL Statement of Owner's equity $ $ Prepare a balance sheet as at February 28, 2021. (List Assets in order of liquidity) YH CURLING SCHOOL Balance Sheet Assets > $ Liabilities and Owner's Equity S C $