E2-34B. (Learning Objective 5: Recording transactions without a jour. Set up the following T-accounts: Cash, Accounts Receivable, Office Supplies, Office forniture, Accounts Payable, Share Capital, Dividends, Service Revenue, Salary Experise, and Rem Expense. Record the following transactions directly in the T-accounts without using a valued at 8,900. Organized as a corporation, the business issued ordinary shares to are not required. LO 5 journal. Use the letters to identify the transactions. a. Linda Conway opened a law firm by investing 12,000 cash and of de furniture Conway. b. Paid monthly rent of 1,500. c. Purchased office supplies on account, 600. d. Paid employee salaries of 2,100. e. Paid 400 of the accounts payable created in Transaction c. f. Performed legal service on account, 9,100. g. Declared and paid dividends of 2,000. E2-35B. (Learning Objective 4: Preparing and using a trial balance) Refer to Exercise 2-34B. Requirements 1. Prepare the trial balance of Linda Conway, Attorney, at January 31, 20X6. Use the T-accounts that have been prepared for the business. 2. How well did the business perform during its first month? Compute net income (or net loss) for the month. LO