Show Me How Problem 2-57A Inferring Transactions from T-Accounts The following T-accounts summarize the operations of Chen Construction Company for July 2019. Liabilities Assets Accounts Payable Cash Common Stock 4,000 1,000 200 1,100 2 1,000 150 150 250 7/4 7/5 7/2 7/7 2,500 700 7/9 Retained Earnings 15o pso 7 Accounts Receivable 7/14 750 2,500 7/13 1,400 150 7/4 3 more Check My work uses remaning 5 6 8 0 Show Me How 1. Conceptual Connedtion: Assuming that only one transaction occurred on each day (beginning on Jdly 2) and that no dividends were paid, describe the transactions that most lkely took place. uly 2: uly 4 luly S: buly 7: uly 9 uly 11: ly 14 2. Prepare a trial balance at bly 31, 2019.If an amount box does not require an entry, leave & lank Accounts Recevable PO 9 8 uly 4: uly 5 uly 7: uly 9 July 11: July 14: 2. Prepare a trial balance at July 31, 2019. If an amount box does not require an entry, leave it blank Chen Construction Company Trial Balance Cash Accounts Receivable Land Accounts Paable Common Stock etined Earnings Check Check hy Work Pt 9 8