Given this information, and using the chart of accounts provided, please perform the following:
a)	Analyze the September transactions and prepare the appropriate journal entries to record them
b)	"Post" the journal entries to the T-accounts and calculate each accounts ending balance
c)	Prepare the unadjusted trial balance using the worksheet
d)	Prepare any necessary ADJUSTING journal entries at the end of the month (use the additional info)
	and "Post" to the WORKSHEET
e)	Prepare an adjusted trial balance

Hiram College began a Web Consulting operation as a new corporation in September of 2014. The following
transactions were completed during the month of September for the new corporation (Hiram Web, Inc.):
1-Sep	The college invested $100,000 into Hiram Web, Inc. in exchange for shares of the Corporation (common stock)
1-Sep	Hiram Web paid rent for an office totaling $2,400 for the months of September, October and November
1-Sep	Hiram Web purchased office equipment for $15,000, paying the full amount in cash
2-Sep	Hiram Web paid $1,800 for a 6 month insurance policy
5-Sep	Hiram Web purchased office supplies of $850 on account
8-Sep	Hiram Web completed consulting work for a client and immediately collected $4,700 cash for services
13-Sep	Hiram Web completed consulting work for a client and charged $3,300, to be collected in 30 days
15-Sep	Hiram Web received $3,000 from a client for work to be performed from September 16 through October 15
30-Sep	Hiram Web paid September's monthly salary of $2,720
Additional information related to the September activities (to be used for ADJUSTING ENTRIES) is shown below:
q	Office equipment has a useful life of 5 years and no salvage value
q	A physical count of the supplies was taken at the end of the month, showing that $520 of supplies
	remain in the office.
q	The September 1st and September 2nd transactions related to rent and insurance must be adjusted for,
	because 1 month has passed
q	The September 15 transaction related to work performed in September and October must be adjusted for
	Assume that in September 15 days of work were performed.

		CHART OF ACCOUNTS
		USE EACH ACCOUNT AT LEAST ONCE!
Cash						Common Stock
Accounts receivable						Consulting Revenue
Prepaid insurance						Salaries expense
Rent expense						Depreciation expense
Equipment						Supplies expense
Insurance expense						Accumulated depreciation-equipment
Prepaid rent						Unearned Revenue
Accounts payable						Supplies