Please Solve Only Question no 3 (you have to folow the question no 2a)

Subject: Accounting Fundamentals

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Question no. 2 Open with A. Success has started a consultancy firm, "Know Thyself" on May 1, 2021. Following are some events and transactions that occurred in the month of May: May 1 Success invested $10,000 cash in the business. 2 Purchased $8000 of equipment, paid 54000, the rest will be paid later. 6 Paid one year's salaries to an employee $2400 9 Services performed for $3000, received cash $2000 immediately and billed customers for the remaining, 13 Paid $2,500 for office rent 22 Paid $125 to advertise in the County News Paid $3000 for the due money of transaction on May 2.. Instructions: Show the tabular analysis for the above transactions. 1071 30 b. The accounts in the ledger of New Age Service contain the following balances on July 31, 2020 Prepaid Advertising $6,640 Accounts Receivable $ 1,968 Service Revenue 10,394 Maintenance and Repairs Expense 961 Cash 15,360 Accounts Payable 10.610 Equipment 18,000 Owner's Drawings 700 Owner's Capital 20.000 Utilities Expense 523 Salaries and Wages Expense ? Unearned Service Revenue 4,428 Rent Payable 815 Instructions: Prepare a trial balance on July 31, 2020 with the accounts arranged and fill in the missing amount for Salaries and Wages Expense [03] Question no. 3 For the transactions in question no. 2 (a) () Give necessary journals. [07] (1) Prepare the ledger accounts for cash, equipment and accounts payable [03)