Jay Cutler owns and manages a computer repair service, which had the following trial balance on December 31, 2011 (the end of its fi scal year). MEGA REPAIR SERVICE Trial Balance December 31, 2011 Cash $ 8,000 Accounts Receivable 15,000 Supplies 13,000 Prepaid Rent 3,000 Equipment 20,000 Accounts Payable $19,000 Owners Capital 40,000 $59,000 $59,000 Summarized transactions for January 2012 were as follows. 1. Advertising costs, paid in cash, $1,000. 2. Additional supplies acquired on account $4,200. 3. Miscellaneous expenses, paid in cash, $2,000. 4. Cash collected from customers in payment of accounts receivable $14,000. 5. Cash paid to creditors for accounts payable due $15,000. 6. Supplies used during January $4,000. 7. Repair services performed during January: for cash $6,000; on account $9,000. 8. Wages for January, paid in cash, $3,500. 9. Jays drawings during January were $3,000. Instructions (a) Open T accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2012. (b) Prepare journal entries to record each of the January transactions. (Omit explanations.) (c) Post the journal entries to the accounts in the ledger. (Add accounts as needed.) (d) Prepare a trial balance as of January 31, 2012.