In this assignment, you are presented with a series of transactions for Andrew's Computer Rental. You must determine the appropriate journal entry (if any) that is required by each of the activities as they occur during the month. Andrew's Computer Rental began operations on June . Activity for Andrew's first month of business (June) was as follows 1. June: issued 1,000 shares of common stock (par value $1) in exchange for: $20,000 in cash, and b. furniture worth $12,000 a. 2. June: purchased computer repair supplies by paying S500 3. June 2: purchased computer equipment worth $3,600 (to be used by Andrew in operating his business; not for resale to customers) by paying $750 in cash and the balance on account. 4. June 3: signed a lease agreement, renting a small office on Green Street for $500 per month. 5. June 3: paid the first 6 months' office rent in advance. (A payment made in advance for expenses that will occur in the future is called a "prepaid"; here, "prepaid rent") 6. June 5: paid $150 for each of two advertisements that will be placed in the Journal and Register newspapers, running on June 23 7. June 15: received $950 cash in payment for computer repair services performed during the first half of the month. 8. June 20: signed a contract to repair computers for a local high school. The school paid $8,000 in advance for a 6-month service contract that will run from July 1 to December 31 (A payment received in advance for services to be performed in the future is called a "deferred", here, deferred revenue".) 9. June 25: paid the balance due on the computer purchased on June 2 10. June 28: completed $1,200 worth of computer repairs for a customer. The customer paid Andrew $500 in cash. The balance of the bil is expected to be paid by the customer sometime in July 11. June 30: received S1,800 cash for computer repair services performed during the second half of the month. 12. June 30: billed ABC company for $700 of computer repair services completed on June 29 Required a. Prepare all necessary journal entries for these transactions as of the dates on which they occurred during the month. DO NOT prepare any month-end adjusting entries yet (this will be completed in written assignment #2). b. Pos al journal entries from part a. to T-accounts. c. Prepare a trial balance showing that DR CR after all entries are posted