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please help!!! Question No. 2 (10 points) Transactions of ABC computer Service Company opened on September 1, 2019. During the first month of operations, the

please help!!! image text in transcribed
Question No. 2 (10 points) Transactions of ABC computer Service Company opened on September 1, 2019. During the first month of operations, the following transactions occurred. 1. ABC Company invested $20,000 in cash in the business. 2. The company paid $1,000 in cash for store rent for September. 3. Purchased Equipment for $25,000, paying $10,000 in cash and signing a $15,000, 6- month, 12% note payable. 4. Paid $1,200 for a one-year accident insurance policy. 5. Received a bill ($200) from the Al-Quds Newspaper for advertising the opening of the company. 6. AQB Company's owner withdrew $700 cash for personal use. 7. The company determined that cash receipts for computer services for the month were $6,200 Instructions (a) Journalize the September transactions. Bonus (b) Open ledger accounts and post the September transactions' account (T accounts) (c) Prepare a trial balance at September 30, 2019

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