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I. Create journal entries for the following transactions 2. Draw up a T-account for each account affected by transactions 3. Calculate normal balances for all

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I. Create journal entries for the following transactions 2. Draw up a T-account for each account affected by transactions 3. Calculate normal balances for all T-accounts. 4. Prepare an unadjusted trial balance. Transactions: Date November, 1: Student Co. received fees earned from customers, $ 20,100; November, 2: Purchased office equipment on credit, $45,300; November, 6: The owner invests $170,000 cash into business; November, 8: Purchased office supplies on account, $2,500; November, 9: Purchased land for a future building site, $80,500; November, 13: Paid office rent for one month, $5,500; November, 16: Received cash $4,100 from a customer for interest eamed; November, 18: Paid utilities expense for the month of February, $700, November, 19: The owner withdraws $3,000 from the business; November, 20: Purchased inventory, $5,000; November, 21: Paid creditors on account, $5,500; November, 24: Paid internet expense, $500; November, 25: Services provided on account, $23,800; ovember, 28: Paid creditors on account, $20,000; November, 29: Paid salaries bill, $23,900. November 30, Received S16,000 on account from customers

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