The books have been closed for the first year of business for Sanchez Computer Center. The company ended up with a marginal profit for the first three months in operation. Tony expects faster growth as he enters a busy season. Following is a list of transactions for the month of October, 201X. Petty Cash account #1010 and Miscellaneous Expense account #5100 have been added to the chart of accounts. Oct. 1 Paid rent for November, December, and January, $1,200 (check no. 8108). Oct. 2 Established a petty cash fund for $100. Oct. 4 Collected $3,600 from a cash customer for building five systems. Oct. 5 Collected $2,600, the amount due from A. Pitales invoice no. 12674, customer on account. Oct. 6 Purchased $25 worth of stamps using petty cash voucher no. 101. Oct. 7 Withdrew $2,000 (check no. 8109) for personal use. Oct. 8 Purchased $22 worth of supplies using petty cash voucher no. 102. Oct. 12 Paid the newspaper carrier $10 using petty cash voucher no. 103. Oct. 16 Paid the amount due on the September phone bill, $65 (check no. 8110). Oct. 17 Paid the amount due on the September electric bill, $95 (check no. 8111). Oct. 22 Performed computer services for Taylor Golf; billed the client $4,200 (invoice no. 12675). Oct. 23 Paid $20 for computer paper using petty cash voucher no. 104. Oct. 30 Took $15 out of petty cash for lunch, voucher no. 105. Oct. 31 Replenished the petty cash. Coin and currency in drawer total $8. Because Tony was so busy trying to close his books, he forgot to reconcile his last three months of bank statements. A list of all deposits and checks written for the past three months (each entry is identified by chapter, transaction date, or transaction letter) and the bank statements for July through September are provided. The statement for October wont arrive until the first week of November. Task a. Record the transactions in general journal or petty cash format. b. Post the transactions to the general ledger accounts. c. Prepare a trial balance. d. Compare the Computer Centers deposits and checks with the bank statements and complete a bank reconciliation as of September 30, 201X. ChapterTransaction Payor/Payee Amount Deposits 1 a Tony Freedman $4,500 1 f Cash customer 250 1 i Taylor Golf 1,200 1 g Cash Customer 200 2 p Cash Customer 900 3 Sept. 2 Tonya Parker Jones 325 3 Sept. 6 Summer Lipe 220 3 Sept. 12 Jeannine Sparks 850 3 Sept. 26 Mike Hammer 140 ChapterTransactionCheck # Payor/Payee Amount Checks 1 b 8095 Multi Systems, Inc. $1,200 1 c 8096 Office Furniture, Inc. 600 1 e 8097 Capital Management 400 1 j 8098 Tony Freedman 100 2 l 8099 Insurance Protection, Inc. 150 2 m 8100 Office Depot 200 2 n 8101 Computer Edge Magazine 1,400 2 q 8102 San Diego Electric 85 2 r 8103 U.S. Postmaster 50 3 Sept. 1 8104 Capital Management 1,200 3 Sept. 8 8105 Pacific Bell USA 155 3 Sept. 15 8106 Computer Connection 200 3 Sept. 16 8107 Multi Systems, Inc. 1,200 Bank Statement First Union Bank 322 Glen Ave. Escondido, CA 92025 Sanchez Computer Center Statement Date: July 22, 201X Checks Paid: Deposits and Credits: Date paid Number AmountDate received Amount 7-4 8095 1,200.00 7-1 4,500.00 7-7 8096 600.00 7-10 250.00 7-15 8097 400.00 7-20 1,200.00 7-21 200.00 Total 3 checks paid: $2,200.00 Total Deposits $6,150.00 Ending balance on July 22: $3,950.00 Received statement: July 29, 201X. Bank Statement First Union Bank 322 Glen Ave. Escondido, CA 92025 Sanchez Computer Center Statement Date: August 21, 201X Checks Paid: Deposits and Credits: Date paid Number AmountDate received Amount 8-2 8098 100.00 8-12 900.00 8-3 8099 150.00 8-10 8100 200.00 8-15 8101 1,400.00 8-20 8102 85.00 Total 3 checks paid: $1,935.00 Total Deposits $900.00 Beginning balance on July 22: $3,950.00 Ending balance on August 21: $2,915.00 Received statement: August 27, 201X. Bank Statement First Union Bank 322 Glen Ave. Escondido, CA 92025 Sanchez Computer Statement Date: July 22, 201X Center Checks Paid: Deposits and Credits: Date paid Number AmountDate received Amount 9-2 8098 50.00 9-4 325.00 9-6 8099 1,200.00 9-7 220.00 9-12 8100 155.00 9-14 850.00 Total 3 checks paid: $1,405.00 Total Deposits $1,395.00 Beginning balance on August 21: $2,915.00 Ending balance on September 21: $2,905.00 Received statement: September 29, 201X. 2. From the following in 201X, record the transactions