Record the following FY 2021 Blue & Gold Company transactions in the General Journal. (Hint: See the Ledger worksheet for list of existing account names) Post the General Journal items to the General Ledger (T-Accounts) as entered. Be sure to calculate a sub-total for each T-account balance. a. Owner(s) Invested 25,000 cash in the company for start-up b. Purchased $12,000 inventory with $5000 cash and $7000 on account to be paid later. . C. d. e. f. Sold $5,000 cost of merchandise (Inventory) for $10,400 to customer. The customer paid cash for the product. Sold Repair Services that have been completed for $3,600. The customer was billed and will pay later Paid Wages for work performed (Wages Expense) to Service Tech in the amount of $2,800 Owner takes a cash draw of $2,500. g. Paid cash for $500 utility bill that covers prior month's service. h. Customer pays entire $3,600 outstanding bill. (from transaction d.) Transfer Ledger Account balances to the Financial Statements. (income statement first) What is the Value of Total Assets, before closing the accounting period? **What is the balance of the Revenue Account at Fiscal Year End, BEFORE closing entries are made? Proceed only after Question 3 has been answered: Enter FYE Closing JEs in the Gen. Journal; then Post Closing JEs to the Gen. Ledger and Balance Sheet Reset any and all Temporary Acounts to zero balance to be ready for the next accounting year. What is the Value of Total Assets, AFTER closing the accounting period?