Jane Doe's Law Firm, a corporation had the following transactions for the month: 1. Issues $50,000 shares of common stock for cash. 2. Purchased Furniture on account for $15,000, payment due within the month. 3. Purchased computer for cash $2,500. 4. Received $12,500 cash in advance from a client for services not yet rendered. 5. Provides $7,000 in services to a client who asks to be billed for the services. 6. Pay $750 utility bill with cash. 7. Pay $2,500 rent bill with cash. 8. Pay $2,000 for supplies. 9. Pay $500 miscellaneous expenses for cash. 10. Distribute $1,500 cash in dividends to stockholders. The following Accounts should be used: Cash Accounts Receivable Supplies Furniture Computers Accounts Payable Unearned Revenue Common Stock Dividends Revenue Utilities Expense Rent Expense Miscellaneous Expense Part 4 - Discuss briefly (200 - 250 words), the process as it connects to the Accounting Cycle. (10 Points) - Written Communications Rubric