Problem $3-14$A Journalizing, posting, adjusted trial balance, adjusting entries $($monthly$),$ financial statements LO$4,5,6,7$

On August $1,2023.$ Mark Diamond began a tour company in the Northwest Terrtorles called Millennlum Arctic Tours. The following occurred during the first month of operations:

Aug. $1$ Purchased office furniture on account; $$5,700.$

$1$ Mark Diamond invested $$7,500$ cash into his new business.

$2$ collected $54,650$ in advance for a three$-$week guided caribou watching tour beginning later in August.

$3$ Paid $$6,750$ for six months' rent for office space effective August $1.$

$4$ Received $$3,500$ for a four$-$day northern lights viewing tour just completed.

$7$ Paid $$1,750$ for hotel expenses regarding the August $4$ tour.

$15$ Mark withdrew cash of s$4$ee for personal use.

$22$ Met with a Japanese tour guide to discuss a $$175,$ eee tour contract.

$31$ Paid wages of $$1,350.$

Assume Mark Diamond uses the stralght$-$line method to depreclate the assets.

Required:

Prepare General Journal entres to record the August transactions. $($If no entry Is required for a particular transactlon$/$event$,$ select $"$No journal entry required" In the first account fleld.$)$

$$ View jourmal entry workshezt

$\backslash$table$[[,$No$,$Date,General Joumal,Debit,Credit$],[,1,$August $01,2023,$Office furniture,$5,700,],[,,$Accounts payable,,$5,700],[,2,$August $01,2023,$Cash,$7,500,],[,,$Mark Diamond, Capital,,$7,500],[1,3,$August $02,2023,$Cash,$4,650,.],[,,$Uneamed revenue,,$\mathrm{.}4,650$