Problem 3-2 encountered the following transactions. Nov. 3 Nov. 4 Nov. 10 During the month of November, 20XX, the Bessie Smith Consulting Firm The owner, Bessie Smith, invested $80,000 and office Bessie Smith, Withdrawals -- furniture valued at $5,600 in the firm. Hired a legal consultant at a rate of $3,000 per quarter. Provided services on account, $1,500. Nov. 13 Purchased a three-year insurance policy, $1,050. Nov. 15 Provided services and collected $2,000. Nov. 17 Paid the employee salaries, $1,800. Nov. 17 Owner withdrew $125 from the firm for personal use. Nov. 20 Paid six-month rent, $4,500. Nov. 22 Collected $750 on outstanding accounts receivable. Nov. 25 Purchased office supplies, $315. Office Furniture - 120 Bessie Smith, Capital - 311 Required Open the following ledger accounts: Cash-111 Accounts Receivable - 112 Office Supplies - 115 Prepaid Insurance - 118 Prepaid Rent - 119 Service Revenue - 411 Salaries Expense - 51 Chapter Tree Posting and tid dance b. Prepare journal entries for the transaction using the account titles listed in requirement "a." Omit explanations. Post the entries to the General Ledger. Prepare a trial balance. d