James Regal, Esquire is an Attorney and has formed his own law firm, Regal Law Firm. You have been hired by James as his bookkeeper. After talking to James, you prepare his chart of accounts, which is below Regal Law Firm Chart of Accounts Account # 101 102 103 201 202 301 302 401 501 502 503 Account Name Cash Accounts Receivable Supplies Accounts Payable Unearned Revenue Regal, Capital Regal, Drawing Fee Income Rent Expense Salaries Expense Supplies Expenss The first month of business for the Regal Law Firm is March 2018. The transactions for the month of March are Date 3/1/2018 3/5/2018 3/10/2018 3/15/2018 3/22/2018 3/30/2018 Transaction James opened the bank account and deposited $5,000 for his capital contribution James paid $250 for rent James received $1,000 from a new client, Sue Barnes, as a deposit for legal services James paid $375 of salaries to his legal assistant James received a bill of $75 for office supplies which will be paid next month James withdraw $1,000 for his personal use. Instructions: 1. Using the chart of accounts, open the accounts in the general ledger. 2. Record the journal entries for the March transactions 3. Post the entries to the general ledger 4. Calculate the balances in the general ledger accounts 5. Prepare the Trial Balance Columns in the worksheet. Make sure you properly complete the heading