On July 31, 2022, the general ledger of Crane Legal Services Inc. showed the following balances: Cash $3,920, Accounts Receivable $1,470, Supplies $490, Equipment $4,900, Accounts Payable $4,020, Common Stock $3,430, and Retained Earnings $3,330. During August, the following transactions occurred.

Aug. 3		Collected $1,180 of accounts receivable due from customers.
5		Received $1,270 cash for issuing common stock to new investors.
6		Paid $2,650 cash on accounts payable.
7		Performed legal services of $6,370, of which $2,940 was collected in cash and the remainder was due on account.
12		Purchased additional equipment for $1,180, paying $390 in cash and the balance on account.
14		Paid salaries $3,430, rent $880, and advertising expenses $270 for the month of August.
18		Collected the balance for the services performed on August 7.
20		Paid cash dividend of $490 to stockholders.
24		Billed a client $980 for legal services performed.
26		Received $1,960 from Laurentian Bank; the money was borrowed on a bank note payable that is due in 6 months.
27		Agreed to perform legal services for a client in September for $4,410. The client will pay the amount owing after the services have been performed.
28		Received the utility bill for the month of August in the amount of $270; it is not due until September 15.
31		Paid income tax for the month $490.

28 Received the Utility BILI TUF UT TIUNILI UI AUGUSL li lile MIUNIL UI $220, IL IS TIUL UU UNUI September 15 31 Paid income tax for the month $490. Using T-accounts, enter the beginning balances to the ledger. Cash Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings LINK TO TEXT Journalize the August transactions. (If no entry is required, select "No entry" for the account titles and enter journal entries in the order presented in the problem.) Debit Credit Date Aug. 3 Account Titles and Explanation Cash Accounts Receivable Aug. 5 Cash Common Stock Aug. 6 Accounts Receivable Cash Cash Aug. 7 Accounts Receivable Service Revenue Aug. 12 Equipment Cash Date Aug. 3 Account Titles and Explanation Cash Debit Credit Accounts Receivable Aug. 5 Cash Common Stock Aug. 6 Accounts Receivable Cash Cash Aug. 7 Accounts Receivable Service Revenue Aug. 12 : Equipment Cash Accounts Payable Aug. 14 Salaries and Wages Expense Rent Expense Advertising Expense Cash Aug. 18 . cash Accounts Receivable Aug. 20 : Dividends Cash Aug. 24 Accounts Receivable Service Revenue cash Aug. 26 Notes Payable Aug. 27 Aug. 28 Utilities Expense Aug. 31 Income Tax Expense LUU NImel, Financial Accounting, ye MENT CES Aug. 5 ent 3 3-03 3-06 3-03A 23-07A 3-09A Accounts Receivable Cash Common Stock Accounts Receivable Cash Cash Aug. 6 Aug. 7 Score Accounts Receivable by. Service Revenue Aug. 129 Equipment Cash Accounts Payable Aug. 14 Salaries and Wages Expense Rent Expense Advertising Expense Cash Aug. 18 cash Accounts Receivable Aug. 20 4 Dividends Cash Aug. 24 Accounts Receivable Service Revenue Aug. 26 cash Notes Payable Aug. 279 Aug. 28 e Utilities Expense Aug. 31. Income Tax Expense Cash LINK TO TEXT 38 Kimmel, Financial Accounting, 9e July 31 Cash 3,920 Accounts Receivable July 311,470 Supplies 490 July 31 Equipment ,900 July 314 Accounts Payable July 31 4,020 Notes Payable Common Stock July 31 3,430 Common Stock July 31 3,430 Retained Earnings July 313 ,330 Dividends Service Revenue Salaries and Wages Expense Advertising Expense Utilities Expense Income Tax Expense LINK TO TEXT LINK TO TEXT -07A -09A ore Prepare a trial balance on August 31, 2022. CRANE LEGAL SERVICES INC. Trial Balance Debit Credit Click if you would like to show Work for this questionOpen Show Work