QUESTION #2 Jameel Shaikh owns and manages a computer repair service. Summarized transactions for January 2020 were as follows: 1. Advertising costs, paid in cash 2. Additional repair parts inventory acquired on account 3. cash paid to creditors for accounts payable due 4. Repair parts used during January 5. Cash collected from customers in payment of accounts receivable 6. Miscellaneous expenses paid in cash 7. Repair services performed during January-cash 8. Repair services performed during January - on account 9. Wages for January paid in cash 10. Jameel's drawing during January $ $ $ $ $ $ $ $ $ $ 4,200 16,500 61,600 16,600 57,500 8,300 24,700 37,000 12,400 12,400 The trial balance of Jameel business as on December 31, 2019 is as follows: Account No. 101 111 121 131 141 211 311 CYBER REPAIR SERVICE TRIAL BALANCE December 31, 2019 Account Title Cash Accounts Receivable Repair Parts Inventory Prepaid Rent Shop Equipment Accounts Payable Jameel Shaikh, Capital Debit Credit $ 32,900 $ 61,700 $ 53,500 $ 12,400 $ 86,400 $ 78,200 $ 168,700 $ 246,900 $ 246,900 Instructions: (a) Open Taccounts for each of the accounts listed in the trial balance, and enter the opening balances for 2020. (b) Prepare journal entries on Page 11 of General journal to record each of the January transactions. Use date of transaction as January 31st. (c) Post the journal entries to the accounts in the ledger. (Add accounts as needed. For new account numbering follow the sequence used in the text book.) (d) Prepare general ledeger accounts in columnar format for Cash (account no. 101) and Accounts Receivable account no. 111) and Accounts Payable account no. 211) for the month of January. (e) Prepare a trial balance as of January 31, 2020