Question: Northern Investment Ltd involved the following transactions during September 2018, the first month of its operation:

Date	Transactions
September 1	Started a financial planning services company by investing 150,000 cash and office equipment of 50,000.
2	Purchased 12,000 of office equipment by cash.
3	Purchased 3,000 of office supplies on credit.
4	Completed service for a client and received a payment of 9,000 cash.
8	Completed service for BT Ltd on credit amounted to 17,000.
10	Paid the supplier for the office supplies purchased on 3 September.
14	Paid 9,600 being the annual premium for an insurance policy.
18	Received payment in full from BT Ltd for the service completed on 8 September.
27	Owner withdrew 6,500 cash from the company for personal expenses.
30	Paid 1,750 cash for the utility bills in September.
31	Received 20,000 cash from a client for a financial service to be rendered next year.

1. Prepare journal entries to record all of the above transactions.

2. Post the journal entries to the relevant three column ledgers.

3. Prepare the trial balance as at 30 September 2018