Jamie Wellington opens a consulting service for new ventures called Wellington Consultancy, Inc. An analysis of the transactions made by Wellington Consultancy for the month of December 20X3 as follows. In transactions 7,9 and 10, the expenses are for 'rent', for 'salaries and wages', and for 'utilities' respectively. Required a. Describe each transaction that occurred for the month. b. Prepare an income statement and an owner's equity statement for December and a balance sheet at December 31,203