Q2. Diana Pastore established a small business, Pastore Training Center, to teach spreadsheet analysis, word processing, and other techniques on microcomputers. a) Pastore began by transferring the following assets to the business: Cash $9,200 Furniture $3,100 Microcomputers $7,300 b) Paid the first month's rent on a small storefront, $580. c) Purchased computer software on credit, $750. d) Paid for an advertisement in the school newspaper, $100. e) Received enrollment applications from five students for a five-day course to start next week. Each student will pay $200 if he or she actually begins the course. f) Paid wages to a part-time helper, $150. g) Received cash payment from three of the students enrolled in e, $600. h) Billed the two other students in e, who attended but did not pay in cash, $400. i) Paid the utility bill for the current month, $110. Q2. Diana Pastore established a small business, Pastore Training Center, to teach spreadsheet analysis word processing and other techniques on microcomputers a) Pastore began by transferring the following assets to the business: Cash $9,200 Furniture $3,100 Microcomputers $7,300 b) Pald the first month's rent on a small storefront, $580. c) Purchased computer software on credit, $750. d) Paid for an advertisement in the school newspaper, $100. e) Received enrollment applications from five students for a five-day course to start next week. Each student will pay $200 if he or she actually begins the course. Paid wages to a part-time helper, $150. 8) Received cash payment from three of the students enrolled in e, $600. h) Billed the two other students in e, who attended but did not pay in cash, $400 i) Paid the utility bill for the current month, $110. I) Made a payment on the software purchased in c, $250. k) Received payment from one student billed in h, $200 1) Purchased a second microcomputer for cash, $4,700 m) Transferred cash to personal checking account, $300 Required: 1) Set up the following T accounts: Cash; Accounts Receivable: Software; Furniture: Microcomputers; Accounts Payable; Diane Pastore, Capital; Diane Pastore, Withdrawals; Tuition Revenue, Wages Expense; Utilities Expense; Rent Expense and Advertising Expense. 2) Record the transactions by entering debits and credits directly in the T accounts, using the transaction letter to identify each debit and credit. 3) Prepare journal entries. 4) Prepare a trial balance using the current date Q3. Vic Kostro opened a photography and portrait studio on March 1 and Laminated the followine