On January 1 2023, Jenna Davis started hear Leadership Coaching Agency - she and her teammates provide leadership consultations to clients. During the year 2023, the following transactions occurred in her business. 1 Jenna invested $40,000 cash to start the business 2 Business issued a check for $2,000 to pay for January rent for the office. 3 Business purchased desk and other office furniture for $12,000 from Lowe's Office Supply. For this purchase, $2,000 was paid in cash as down payment, and the rest will be paid later in 30 days. 4 Issued a check for $1,7000 for supplies. 5 Performed services for $7,000 cash. 6 Issued check for $3,000 to pay for advertising expenses. 7 Purchased recording equipment for $15,000 from Special Movies Inc. Of this, $5,000 was paid in cash while the rest is due in 30 days. 8 Performed services for $5,500 on account. 9 Issued check for $3,000 to Lowe's Office Supply as payment on account. 10 Performed services for $10,000 cash. 11 Issued check for $6,200 to pay an employee's salary. 12 Received payments of $4,000 from credit clients on account. 13 Issued check for $6,000 to Special Moves Inc. as payment on account. 14 Issued check in the amount of $375 for the monthly telephone bill. 15 Issued check for $980 for the monthly electric bill. 16 Issued check to Jenna Davis for $5,000 for personal living expense. 17 Issued check for $6,2000 to pay the salary of an employee. Questions: 1 Prepare the general ledgers and record the transactions in appropriate general ledger accounts. 2 Balance general ledger accounts. 3 Prepare a trial balance. 4 Prepare an income statement. 5 Prepare an owner's equity statement. 6 Prepare a balance sheet