Mark Welby, a retired medical practitioner, started a retirement business on July 1, 2020.This business, known as Doc's Delivery Service Inc., operates as a courier for important medical documents, reports, and packages.The following transactions occurred during the first month of business operations: July 1 Mark received 100 common shares in Doc's Delivery Service in exchange for cash and office equipment in the following amounts: Cash $43,315 Office equipment $12,621 July 2 The business rented office space from a commercial landlord.The landlord required both the first and last month's rent.Mark paid him with a company cheque.The amount of the monthly rent is as follows: Office rent per month $1,010 July 2 The business spent cash on a 1-year automotive insurance policy, paying the following amount: Automotive insurance premium $4,846 July 4 Doc's Delivery Service received cash from DT Bank in exchange for a note payable.The amount of the loan is as follows: Amount of loan $56,400 July 6 The business purchased office supplies on account in the following amount: Office supplies $3,130 July 8 The business purchased automotive equipment for cash in the following amount: Delivery van $23,674 July 12 Doc's Delivery Service received an advance payment from a customer called Med-Tech Consultants, for delivery services to be provided in the future: Amount of advance payment $5,177 July 15 The business provided delivery services to customers, and immediately collected cash: Cash collected from customers $9,668 July 20 The business paid for the office supplies purchased on July 6. July 22 The business provided courier services on account to one of its customers: Amount of services provided $5,516 July 24 The business paid for fuel and oil for the delivery truck in the following amount: Fuel and oil $171 July 29 The business wrote cheques to pay the wages of drivers during the month of July: Total drivers' wages $2,354 Doc's Delivery Service adopted the following chart of accounts for bookkeeping purposes: Account Number Account Description 101 Cash 110 Accounts receivable 115 Office supplies 120 Prepaid rent 125 Prepaid insurance 150 Office equipment 155 Accumulated depreciation, office equipment 160 Delivery van 165 Accumulated depreciation, delivery van 210 Accounts payable 220 Salaries and wages payable 225 Interest payable 230 Unearned delivery service revenue 250 Notes payable 310 Common shares 340 Retained earnings 410 Delivery service revenue 510 Automotive fuel and oil expense 530 Depreciation expense 540 Insurance expense 545 Interest expense 550 Office supplies expense 570 Rent expense 575 Salaries expense - office 580 Telephone expense 590 Wages expense - delivery 999 Income summary Required: a) Using the chart of accounts provided above, prepare journal entries for the month of July 2020 for Doc's Delivery Service. You are not required to provide an explanation for each journal entry. (13 marks) b) Post each of the journal entries you prepared in Requirement 1 to the general ledger for Doc's Delivery Service Inc. (13 marks) c) Prepare an unadjusted trial balance for Doc's Delivery Service as of July 31, 2020 (9 marks). Note: Optional templates are provided in a separate document for the purpose of completing Questions 1 and 2 of this assignment.