PROBLEM 3-1A The chart of accounts of the Barnes School is shown here, followed by the transactions that took place during October of this year. Assets Revenue 111 Cash 411 Tuition Income 113 Accounts Receivable 115 Prepaid Insurance Expenses 124 Equipment 511 Salary Expense 512 Rent Expense 127 Furniture 513 Gas and Oil Expense Liabilities 514 Advertising Expense 221 Accounts Payable 515 Repair Expense Owner's Equity 516 Telephone Expense 311 R. Barnes, Capital 517 Utilities Expense 312 R. Barnes, Drawing 529 Miscellaneous Expense Oct. 1 Bought liability insurance for one year, $1,850, Ck. No. 1527. 3 Received a bill for advertising from Business Summary, $415. 4 Paid the rent for the current month, $1,870, Ck. No. 1528. 7 Received a bill for equipment repair from Fix-It Service, $318, Inv. No. 436. 10 Received and deposited tuition from students, $6,375. 11 Received and paid the telephone bill $312, Ck. No. 1529. 15 Bought desks and chairs from The Oak Center, $1,980, paying $980 in cash and placing the balance on account, Ck. No. 1530. 18 Paid on account to Business Summary, $415, Ck. No. 1531. 21 R. Barnes withdrew $1,000 for personal use, Ck. No. 1532. 24 Received a bill for gas and oil from Wagner Oil Company, $225, Inv. No. 682. 25 Received and deposited tuition from students, $6,380. 27 Paid the salary of the part-time office assistant, $1,150. Ck. No. 1533. 28 Bought a photocopier on account from Gorst Office Machines, $1,950, Inv. No. 417. 29 Received $950 tuition from a student who had charged the tuition on account in September 30 Received and paid the bill for utilities, $623, Ck. No. 1534. 31 Paid for flower arrangements for front office, $87, Ck. No. 1535. 31 R. Barnes invested his personal computer and printer, with a fair market value of $1,549, in the business. Required Record these transactions in the general journal, including a brief explanation for each entry. If you are using working papers, number the journal pages 31 and 32