JHD Company had the following transactions for 1-Mar-20 1-Mar-20 JHD Company invested in the company cash $60,000 and machinery $36,000 1-Mar-20 The company purchased equipment for $30.000 and paid $22.500 cash. Remaining was on account. 1-Mar-20 Paid $15.750 for rent of office space covering the next 2 months 2-Mar-20 Paid $6,300 for an instirance policy covering the next 3 months 4-Mar-20 The company provided printing services to a client and received $900 cash. 5-Mar-20 The company borrowed $12,000 cash from the bank by signing a 6.0% note payable 6-Mar-20 The company received $45.000 cash from a client in payment for printing posters in next 2 months. 9-Mar-20 The company paid $930 cash for advertising in the newspaper 11-Mar-20 The company purchased office supplies for $3.000 cash. 14-Mar-20 The company paid $1,180 cash for salaries and wages expenses. 17-Mar-20 The company paid $780 cash for utility expenses. 25-Mar-20 Owner (Muhammad) withdrew $6,000 cash from the company for personal use. Required A. Company description Assume a service company of your own Describe the nature of service it provides Date when business was started Location of business $3.000 Owners names Capital investment in the business B. Prepare the general joumal entries for the month. C. Prepare an Unadjusted Trial balance The following additional information was provided at the end of Mar-20. 1) The inswance expense for the month was not recorded 2) The equipment has a useful life of 2 years and has a salvage value of 3) The interest on note payable has not yet been paid. 4) The company billed a dient for $700 for printing wedding invitation. 5) Uneamed revenue of $22.500 was earned in the month 6) On Oct 30, supplies of $500 were in hand. 7) The rent expense for the month was not recorded 3) The company paid half od the remaining balance of the equipment purchased on credit C. Prepare the relevant austment entries D. Prepare an Adjusted Trial balance E. Prepare the following financial statements 2. Owners Equity statement 1. Income statement 3. Balance sheet F. Comment on the financial performance of the company after analyzing the results in the previous section Is the company profitable? What is the reason the company is profitableot profitable? Has the owner equity increased compared to the starting capital invested? Give reason for your answer. . What are the main requirements for constructing a classified balance sheer Does the balance sheet prepared in previous section satisfy the balance sheet equation? Explain