Gabriel Gibbons incorporated Gibbons Legal Pty Ltd, a law practice, on 1 July 2020.

The following events occurred in the month of July.

July

1

Shareholders invested $88 000 cash in exchange for company shares

3

Hired a receptionist at a salary of $2000 per month.

4

Purchased office supplies on account from Werks Supply Ltd for $1600.

7

Paid office rent of $2400 for the month of July.

11

Invoiced clients $3800 for legal services provided.

12

Received $3000 advance from a client for legal consulting engagement.

17

Received cash of $1700 for a completed legal case. (Not related to July 11 transaction)

31

Paid receptionist salary of $2000.

31

Paid 40 percent of amount owing to Werks Supply Ltd.

Required

a)Journalise the transactions, narrations not required.(13 Marks)

b)Conduct a unadjusted trial balance as at 31 July 2020.(7 Marks) (Total 20 Marks)