On August 1, 2021, the beginning of its current fiscal year, the following opening account balances, listed in alphabetical order, were reported by Lily Ltd. During August, the following summary transactions were completed. Aug. 1 Paid $360 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. (Hint: Use the Prepaid Advertising account.) 3 Paid August rent $340. (Hint: Use the Prepaid Rent account.) 6 Received $3,120 cash from customers in payment of accounts. 10 Paid $3,390 for salaries due employees, of which $1,880 is for August and $1,510 is for July salaries payable. 13 Received $3,620 cash for services performed in August. 15 Purchased additional equipment on account $2,010. 17 Paid creditors $2,010 of accounts payable due. 22 Purchased supplies on account $780. 24 Paid salaries $2,640. 27 Performed services worth $4,590 on account and billed customers. 29 Received $830 from customers for services to be provided in the future. 31 Declared and paid a $530 dividend. Vate Account ircies and Expranation Aug. 1 ; Preptild fovertising. Aus 3% Reciald Rent Cast Nccounts Reccivable Aus. 10 : Salaries Payatyet 1.510 3,120 Salaties Expense Sorvice Revenue Aug: 17 Aug. 22 : Aug. 24= Aus. 27: Service Revenue Aus. 29= Deferred Revenumer Prepare T accounts, enter any opening balances, post the general journal entries and calculate end balances. (Post entries in the order of journal entries presented in the previous part. If the ending balance is 0 select Bal for the date and enter 0 for the normal balance for that account.)