Problem 1 Assets Revenue Esther Chai owns Chai's Accounting Services. She 100 Cash 400 Consulting Fees provides accounting services for small businesses and 120 Accounts Receivable charges her clients consulting fees for the services she 130 Office Supplies Expenses performs for them. Esther has a part-time accounting clerk who enters the information into the journal and 140 Computer Equipment 510 Wages Expense ledger. The company's chart of accounts is show to the 145 Computer Software 520 Rent Expense right. 530 Utilities Expense Liabilities 200 Accounts Payable Owner's Equity 300 E. Chai, Capital 310 E. Chai, Drawing Instructions 1. Journalize the following transactions in the general journal on the next page. Important: only use the accounts in Esther's chart of accounts - don't make up new ones. 2. As you journalize, post amounts to the t-accounts on the page that follows the journal. Ignore posting references. Remember, t-accounts are the short version of general ledger accounts. 3. After recording the transactions, foot and balance the t-accounts. Don't ignore this step - I want to see that you can foot and balance an account. 4. Create a trial balance for Esther Chai's business for the month of March. List your accounts in standard order. March 1 Because the company's cash was getting low, Esther Chai invested $4,500 additional cash in her business