Mark Sanchez established Sanchez Consulting Company on September 1, 2017, as a backup plan in case the Chicago Bears cut him as a back-up quarterback. Being cut from the Cowboys, Eagles and Jets has made him a little worried about his career as a quarterback. Since he was a good student at USC he thought he would put his college education to work. The company had the following transactions during September. a) Sept. 1 - The company sold shares of common stock for $30,000 cash. b) Sept. 1 - The company purchased a one-year insurance policy for $300 in cash. c) Sept. 1-The company purchased office equipment costing $8,000 by signing a 6% note. The Equipment has a 2 year life and no salvage value. The note requires monthly principal payments of $225 beginning on October 1st until the balance is paid. d) Sept. 10-The company purchased $735 of office supplies for cash. e) Sept. 15 -The company paid legal and registration fees to register their trademark. The fees ,000, which were paid in cash incurred totaled $4 f) Sept. 29 - The company billed customers $5,500 for consulting services performed. g) Sept. 30-The company paid $1,450 for employee's salary h) Sept. 30 - Since the company had a good month so Sanchez declared a $1,000 dividend to be paid on October 10th Additional Information: i) On September 30tn, the company took an inventory of the supplies and found that they had $500 of supplies on hand. ii) Equipment purchased before the 15th of the month are depreciated for a whole month using the straight-line method, ii) On October 3rd received the September utilities bill for $188. Required: a. Journalize the transactions. b. Prepare the adjusting entries. c. Post all entries to the accounts d. Prepare a Single-Step Income Statement, Retained Earnings Statement and a Classified Balance Sheet for his first month of operations e. Prepare the closing entries. Be sure to round all your answers. No pennies