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Question 2 (30 marks; 60 minutes) Girard Cohen began a computer servicing business, Cohen Technologies. During the month of October 2021 Cohen completed these transactions:

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Question 2 (30 marks; 60 minutes) Girard Cohen began a computer servicing business, Cohen Technologies. During the month of October 2021 Cohen completed these transactions: October Began business by investing cash, 812,000, and computer equipment, $3,000 October 3 Paid insurance for one year in advance, S6,000. October 4 Purchased office supplies on credit, $500. October 6 Completed a computer servicing assignment and billed the client for $3,000. October 9 Paid the utilities bill for the month, $100. October 12 Completed work for a client and received $4,000 cash. October 17 Paid for the office supplies purchased on October 4. October 22 Received a partial payment of $1,500 from the client billed on October 6 October 23 Purchased computer equipment for $5,000 by paying $500 cash and signing a note payable for the balance, October 6 Completed a computer servicing assignment and billed the client for $3,000 Pold the utilities bill for the month, $100. October 9 October 12 Completed work for a client and received 84.000 cash October 17 Pold for the office supplies purchased on October 4 October 22 Received a partial payment of $1.500 trom the client billed on Octobet 6. October 23 Purchased computer equipment for $5,000 by paying $500 cash and nigning a note payable for the balance October 31 Wroto a $1,000 cheque on the business bank account for personal expenses 1 Required - Using the worksheets provided Prepare journal entries to record the above transactions 2 Post the entries to the Coneraf tedger accounts Complete the trial balance on October 312021 3

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