Problem 2-4A (Algo) Recording transactions; posting to ledger; preparing a trial balance LO A1, P1 Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 cash along with office equipment valued at $23,000 in a new business named HV Consulting b. The company purchased land valued at $45,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a note payable for $175,000 c. The company purchased $2,300 of office supplies on credit. d. Venedict invested an automobile in the company. The automobile has a value of $16,100. e. The company purchased $5,100 of additional office equipment on credit. f. The company paid $2,000 cash salary to an assistant g. The company provided services to a client and collected $7,600 cash h. The company paid $640 cash for this month's utilities. i. The company paid $2,300 cash to settle the account payable created in transaction c J. The company purchased $20,100 of new office equipment by paying $20,100 cash k. The company completed $6,000 of services on credit for a client, who must pay within 30 days. 1. The company paid $2,000 cash salary to an assistant m. The company received $4,000 cash in partial payment on the receivable created in transaction k n. Venedict withdrew $2,700 cash from the company for personal use. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101), Accounts Receivable (106) 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106): Office Supplies (108), Office Equipment (163); Automobiles (164); Building (170) Land (172), Accounts Payable (201); Notes Payable (250); H. Venedict, Capital (301), H. Venedict, Withdrawals (302): Consulting Revenue (403), Salaries Expense (601); and Utilities Expense (602). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of September. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); H. Venedict, Capital (301); H. Venedict, Withdrawals (302); Consulting Revenue (403); Salaries Expense (601); and Utilities Expense (602). View transaction list Journal entry worksheet < Prev 8 of 8 Next > Journal entry worksheet < 2 3 4 5 6 7 8 ***** 14 Venedict invested $90,000 cash along with office equipment valued at $23,000 in a new business named HV Consulting. Note: Enter debits before credits. Tranasaction a Account Title Debit Credit Record entry Clear entry View general journal < Prev 8 of 8 Next Required 1 Required 2. Required 3 Post the journal entries from part 1 to the ledger accounts. 101: Cash 106: Accounts Receivable Transaction Debit Credit Balance Transaction Debit Credit Balance Transaction 108: Office Supplies Debit 163: Office Equipment Credit Balance Transaction Debit Credit Balance