Example 1. Sara starts a business with 21000 in cash, 4000 accounts receivable and 2000 accounts payable. 2. Purchase a Machine for 3000 in cash 3. Paid 400 advertising expense in cash 4. Received 600 interest revenue 5. Received electricity bill for 200 (not paid) 6. Purchased furniture for 500 on account 7. Purchased goods for 5000 on account 8. Goods sold 4000 in cash 9. Goods sold 6000 on account 10. Sold the machine for 3000 in cash 11. Drawing cash 1000 by the owner 12. Sent a bill to one customer for 800 for service provided. 13. Paid 3000 for goods purchased previously 14. Receiving 2000 in cash for the goods sold previously. Required: 1. Journalize the above transactions 2. Post the transactions. Make posting for each account. 3. Prepare a trial balance. Use the final balance number from posting Journalizing No Account Debt Credit 1 2 3 4 5 6 7 X 9 10 11 12 13 Posting. For each account date explanation Debit Credit Balance 1 2 3 4 8 10 12 13 You need to prepare a trial balance Account Debt Credit