Patricia Santos, Certified Public Accountant, operates as a professional corporation, (P.C). The business completed these transactions during the first part of August 2018: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Aug 2: Received $7,000 cash from Santos, and issued common stock to her. Journal Entry Date Accounts Debit Credit Aug 2 Aug 2: Paid monthly office rent, $600 Journal Entry Date Accounts Debit Credit Aug Aug 3: Paid cash fo Journal Entry Date Accounts Debit Credit Aug Aug 4: Purchased office furniture on account, $4,500, with the furniture projected to last for five years. Journal Entry Accounts Debit Credit Aug 4 Aug 12: Received bill and paid utility expenses, $1,100 Journal Entry Date Accounts Debit Credit Aug 12 Aug 18: Performed consulting services for a client on account, $1,500 Journal Entry Date Accounts Debit Credit Aug 18 Requirement 2. Post to the T-accounts. Key all items by date and denote an account balance on August 18, 2018, as Bal. Review the journal entries from Requirement 1 Cash Accounts Payable Accounts Receivable Common Stock Supplies Service Revenue Supplies Service Revenue Equipment Rent Expense Furniture Utilities Expense Requirement 3. Prepare a trial balance at August 18, 2018. Patricia Santos Certified Public Accountant, PC. Trial Balance August 18, 2018 Balance Account Debit