PROBLEM # 3: Prepare a Trial Balance for the month of February 2020. Use the attached document.

Required: Present each economic event (transactions) in the "Journal".

Transactions Date

February 2, 2020 The owner invests $ 95,000 in the business.

February 5, 2020 The business bought a piece of land for cash $ 48,000.

Feb / 10/2020 Services were provided to clients. Customers promised to pay more

late (on credit) $ 15,000.

Feb 15, 2020 The business received $ 8,500 from customers owed to the business

(customers on account).

Feb 20, 2020 The owner withdrew $ 1,000 for his personal use.

Feb / 25/2020 The business purchased the following: $ 12,000 in Land; $ 1,100 in Computer Equipment; and $ 900 in Office Equipment. For everything acquired, $ 7,000 was paid and the balance will be paid later.

Feb / 27/2020 The business received $ 6,500 from customers owed to the business (customers on account).

Feb / 28/2020 The business pays the following: salary, $ 802; rent, $ 466 and utilities, $ 1,389.