Recording business transactions and adjusting entries Please ensure that you leave yourself enough time to upload your file responses. It is recommended that you upload your file as you complete a file response question. Answer this question in an excel file and upload the file when completed. Name your file in your last name and student ID. Andrew Raines is an electrician who runs a small business (as a sole trader), called Sparky Drew. His business is not registered for GST. The business has a year-end date of 30 June. The business had the following transactions during September 2022. All deposits and withdrawals are to/from the business bank account. Date Details 1 September The business paid $4,000 rent for the business premises, for September December 2022. 1 September The business received $500 that was owing from a client, in relation to electrical services provided in August 2022. 3 September The business paid $200 for advertising on the local radio station. 6 September The business paid annual insurance (for 1 September 2022 30 August 2023), for $2,300. 10 September The business invoiced a client $800, for electrical services provided between 1 September and 5 September. 12 September The business purchased supplies for $600. 14 September The business received $800 owing from the client that was invoiced on 10 September. 18 September The business received an invoice from Optus for business telephone and internet costs for August-September 2022. The amount payable is $320, with payment due on 15 October 2022. 22 September The business provided electrical services for a client, and the client paid $900 via electronic funds transfer. 28 September The business collected (and banked) $1,500 in advance for electrical services to be provided to a client in October 2022. 29 September The business invoiced a client $3,200 for electrical services provided during September. 29 September Andrew withdrew $400 from the business bank account for personal expenses. 30 September The business borrowed $6,200 from the bank, via a short-term business loan. The money was deposited into the business bank account. 30 September Depreciation expense for September 2022 is $300. 30 September Supplies used during the month of September amounted to $200. Required: Prepare the journal entries needed to record the business transactions and adjusting entries for the month ended 30 September 2022. Include dates and brief narrations for each entry. (10 marks)