Harry's Headphone EmporiumTranscations for the month of March $20231$Record Transactions $($memo not required; include adjusting entries, if applicable$)2$Prepare T$-$Accounts for transactions $($including adjusting entries, if applicable$)3$Prepare adjusted Trial Balance as of March $31,2023($including adjusting entries, if applicable$)$Assume Harry's Headphone Emporium uses weighted average inventory costing$01-$MarInvested a car worth $$10,000($with an estimated useful life of $7$ years$)$ and $$5,000$ cash into the business$01-$MarEstablished Petty Cash of $$20003-$MarPurchased $6$ months worth of insurance for $$750$ cash$07-$MarReceived a bank loan of $$8,00010-$MarPurchased $100$ pairs of headphones $($inventory$)$ for $$30$ each$13-$MarCustomer purchased $20$ pairs of headphones on account sold at $$75$ each$15-$MarPaid salaries of $$2,00020-$MarPaid an additional $$50$ of salary using petty cash$25-$MarCustomer paid $50\%$ of the amount due for pairs they purchased on March $13$th$27-$MarPurchased $1$ pair of headphones using $$25$ from petty cash$28-$MarAccrued rent expense for the month of March, $$1,20031-$MarReplenished petty cash back up to $$200$Date Account Titles and DescriptionDr.Cr$\mathrm{.}100-$ Cash$101-$ Petty Cash$102-$ AR$105-$ Inventory$106-$ Prepaids$110-$ Automobile$111-$ Acc. Depr., Auto$201-$ AP$202-$ Loan Payable$300-$ Harry, Capital$401-$ Headphone Revenue$500-$ COGS$505-$ Salaries$510-$ Insurance $511-$ Rent $512-$ DepreciationDebitsCreditsT$-$Accounts $---$ Journal Entries $-----$