prepare journal entries for the business first month of operation if no journal entry is required please indicate

ab , x' A-DA I Normal 1 No Spac... Heading 1 Heading 2 Title Font Paragraph Styles 15 BUSINESS TRANSACTIONS Thanh Nguyen started a business, Nguyen Import Services, on August 1, 2017. Thanh created a chart of accounts for the business as follows: No. 101 Cash: No. 112 Accounts Receivable; No. 126 Supplies: No. 151 Equipment, No. 201 Accounts Payable; No. 209 Unearned Revenue; No. 301 T. Nguyen Capital; No. 306 T. Nguyen, Drawings, No. 400 Service Revenue; No. 610 Advertising Expense; No. 726 Rent Expense; and No. 737 Utilities Expense. During August, the following events and transactions occurred: 1 Aug 1 Thanh transferred $25,000 cash from his personal bank account to a bank account under the company name, Nguyen Import Services. 2 Aug 1 Signed a one-year rental agreement for $750 per month. Paid the first month's rent 3 Aug 2 Paid $250 for utilities for August. 4 5 Aug 3 Purchased equipment for $5,250 cash. Aug 5 Purchased $675 of supplies on account. Aug 8 Provided services to a client and billed them $1,270. 6 7 Aug 12 Paid $945 for advertising the opening of the company. 8 Aug 20 Provided services to a client and collected $1,320 cash. 9 Aug 24 Received a $2,500 cash advance for a consulting engagement to be started in September. 10 Aug 25 Paid the balance due for the purchase of supplies on August 5. o search 1 Normal I No Spac... Heading 1 Heading 2 Title Paragraph Styles 8 Aug 20 Provided services to a client and collected $1,320 cash. 9 Aug 24 Received a $2,500 cash advance for a consulting engagement to be started in September. 10 Aug 25 Paid the balance due for the purchase of supplies on August 5. 11 Aug 28 Received $970 cash from the client billed in the August 8 transaction. 12 Aug 29 Paid Thanh, the owner, $1,225 cash for his personal use. 13 Aug 31 Received a $225 utility bill for August. It will be paid on September 1. I Required: a) On Appendix A, prepare the journal entries for the business first month of operations. If no AR- + 21 | 1 No Spac... Heading 1 Heading 2 1 Normal Title Replace to Select Paragraph Styles Editing APPENDIX A) GENERAL JOURNAL Posting Ref. Date Accounts Debit Credit J1 J2 J3 J4 J5 L. Focus 30 search