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pls solve this, urgent 1. a. Describe the advantage of trial balance. I). On August 1, 2019 Mark Spencer established Spencer's Travel Agency. During the

pls solve this, urgent

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1. a. Describe the advantage of trial balance. I). On August 1, 2019 Mark Spencer established Spencer's Travel Agency. During the month the following transactions occurred. Journaiize the August transactions. Invested $15,000 in cash in the agency. Paid $600 for August rent on ofce expense. Incurred STUD of advertising costs in the Morning Times, on account. Performed service worth 510000: 53000 cash is received from customer, and the balance of 57000 Is billed to customers on accounts. 5. Received $4000 in cash from customers who have previously been billed in transaction. PPP

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