Q1. Consider the following trial balance which was drawn up at the end of January 2020 by one of my student who was studying accounting for the first time (assume not from your class). Software Company Accounts Payable Accounts Receivable Loan Payable Buildings Cash Inventory Land Licenses (Intangible Asset) Office Supplies Other Assets Prepaid Insurance Furniture Total Assets Total Liabilities Owner Equity 15630 ? 6000 15000 28725 14800 5000 225 1280 200 2400 13800 91630 ? ? Consider the following transactions for the month of February, February 1. February rent was paid in cash. February 2. Anticipating good business software purchased on account an additional $5000 of inventory. February 15. The repair expense was $2600. February 20. The inventory purchased on Feb 2 was paid in full. February 25. Sales for the first half of the month totaled $35000. All sales but $5000 to a large corporate customer were for cash. (5) Required: a) Given the student first time interaction with the accounts, and given the fact her accounting teacher didn't taught her like that, please help her to calculate the missing figures. b) Record the transactions for the month of February in Journal and post it to ledger. (10) c) Now the old student is unfortunately fired and you are the new in charge of accounts. Please redraw the trial balance at the end of February