Question 2 (40 marks) Mary Salon had the following transactions during January, its first month of operations in 2022: a Purchased office furniture costing $8,800 on account. b Received $20,120 from a customer, Hugo Co for service to be performed next month. C Paid $1,400 cash as six months' insurance in advance. d Paid the amount owed for office furniture bought in item (a) above. e Service rendered for a customer on account $5,000 with payment due date on 5 February. f. Paid $1,500 to its staff as salary for service performed at the end of January. i) Record the above transactions directly in T accounts. Identify each entry in a T account with the letter shown for the transaction. (24 marks) Example: Cash (a) ii) Prepare trial balance for Mary Salon. (16 marks)