QUESTION 1 Joan Miller began her business, Miller Design Studio, on July 1, 2020. The transactions of the business for the month are as follows: July 1 2 3 6 9 Joan Miller invests $40,000 in cash to form Miller Design Studio Bought office supplies on account, 55,200. Rents an office pays two months' rent in advance, $3,200. Purchase office equipment, $16,320; pays 13,320 in cash and agrees to pay the rest next month Makes a partial payment of the amount owed for the office supplies bought on July 2, $2,600. Performs a service for an investment advisor by designing a series of brochures and collects a fee in cash, S2,800. 10 15 19 22 26 30 31 Performs a service for a department store by designing a TV commercial; bills the fee now but will collect the fee later, 59,600. Accepts an advance fee as a deposit on a series of brochures to be designed, $1,400. Receives cash from customer previously billed on July 15, S5,000. Pays employees four weeks' wages, $4,800. Receives, but does not pay, the utility bill that is due next month, 5680. Withdraws $2,800 in cash Write the ending balances / values of the accouting titles below. Prepare and show JOURNAL and T-ACCOUNTS in your solution papers to support your answers. Cash Accounts Receivable Office Supplies Prepaid Rent Office Equipment Accounts payable Unearned Design Revenue J. Miller, capital Withdrawal Net Income Wages Expense Utilities Expense Current Assets Total Liabilities Total Proprietorship