Monopoly Transactions Jourual Entries Sept 1, 2023 \$1.500 Cash investment in Owner's Equity Sept 2 Purchased St. James Place $180 Sept 3 Paid 575 IncomeTax Expense Sept 6 Purchased Kentucky Avenue $220 Sept 8 Received $18 rent from Kentucky Avemtie Sept 11 Paid \$24 rent for Marvin Gardens Sept 14 Recerved 550 Divid ind Incorne Sept 19 Passed Go reecuved \$200 Salary Sept 23 Paid 550 Get Out of Jail Fee Sep! 27 Purchased North Carolina Avenue for $200 Sept 30 Received S14 rant from St James Place Sept 30 Passed Go received \$200 Salary MONOPOLY@PROJECT CHART OF ACCOUNTS 1) Journalize each entry for the month of September in the General Journal. Use the Monopoly Chart of Accounts for your accounts. I have completed the first transaction for you to use as an example: Transaction: Sept. 1.2023 \$1.500 Cash investment in Owner's Equity 2) Post the journal entries into the General Ledger accounts for each transaction. 3) Calculate the balance for each account in the General Ledger. 4) Createa Trial Balance for September 30,2023. Remember, the trial balance must balance! 5) Create an income statement for the month ending September 30, 2023