On September 1, Percy Equipment Repair had the account balances presented in the attached T-accounts. During the month of September, the following transactions were completed: Sept. 8 10 12 15 17 20 22 25 27 29 Paid $1,400 for salaries due employees, of which $900 is for September. Received $1,200 cash from customers on account. Received $3,400 cash for services performed in September. Purchased store equipment on account $3,000. Purchased supplies on account $1,200. Paid creditors $4,500 on account. Paid September rent $500. Paid salaries $1,250. Performed services on account and billed customers $2,100 for these services. Received $650 from customers for future services. At the end of the month the following adjustment were determined: 1. Supplies on hand $1,300. 2. Accrued salaries payable $300. 3. Depreciation is $100 per month. 4. Services related to unearned service revenue of $1,450 were performed. Instructions a) Journalize the September transactions b) Post the journal entries to the T-accounts c). Prepare a Trial Balance d) Journalize and post the adjusting entries e) Prepare an Adjusted Trial Balance f) Prepare an Income Statement, Statement of Owner's Equity and a Balance Sheet as of September 30. Prepare the closing entries General Journal Date Account/Explanation Debit Credit Trial Balance Account/Explanation Debit Credit Date Account/Explanation Adjusting Entries Debit Credit Adjusted Trial Balance Account/Explanation Debit Credit Income Statement Statement of Owners Equity Balance Sheet Date Account/Explanation Closing Entries Debit Credit