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The consulting firm of Martin and Associates uses the accounts listed below. R the n ecord the opening balances as of December 1, 2019 on

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The consulting firm of Martin and Associates uses the accounts listed below. R the n ecord the opening balances as of December 1, 2019 on ormal balance side of the following T-Accounts. List of accounts with their opening balances: Cash Accounts Receivable 9,400 Rent Expense office Equipment Accounts Payable Joan Martin, Capital 16,700 Joan Martin, Draving $ 6,400 Fees Income 8,900 Utilities Expense -0- 8,000 Salaries Expense 0- The firm has the following transactions during the month of December 2019. Record the effects of these transactions in the T accounts a. Paid $2,400 for one month's rent. b. Collected $6,200 in cash from credit customers. c. Performed services for $8,400 in cash d. Paid $5,400 for salaries e. Issued a check for $4,400 to a creditor. f. Performed services for $11,400 on credit. g. Purchased office equipment for $2,400 on credit. h. The owner withdrew $4,400 in cash for personal expenses i. Issued a check for $740 to pay the monthly utility bill. 1. Post the above transactions into the appropriate T accounts. 2. Using the information shown, prepare a trial balance for Martin and Associates at December 31, 2019. Complete this question by entering your answers in the tabs below. Ledgers Trial Balance prenare a trial halanen fnr Martin and Assoriates at Decemhnr 31 . 2n10IThe items in the, Trial Ralanen ehnold ho arrinod a Prey 1 of 14 Next > Ledgers Trial Balance Post the above transactions into the appropriate T accounts. (Record the transactions in the given order.) Cash Accounts Receivable Beg. bal. Beg. bal. Bal Bal. Office Equipment Accounts Payable Beg. bal Beg. bal Bal. Bal Joan Martin, Capital Joan Martin, Drawi Beg. bal Beg. bal. Bal Bal Joan Martin, Capital Beg. bal Beg. bal. Bal Bal. Rent Expense Fees Income Beg. bal Beg. bal. Bal. Bal. Utilities Expense Salaries Expense Beg. bal. Beg bal Bal. Bal. Ledgers Trial Balance> Complete this question by entering your answers in the tabs below. Ledgers Trial Balance Prepare a trial balance for Martin and Associates at December 31, 2019. (The items in the Trial Balance should be grouped a follows: Assets and Liabilities (in order of their liquidity). Equity, Revenues, and Expenses.) 012717 MARTIN AND ASSOCIATES Trial Balance December 31, 2019 Account Name Debit Credit Total Ledgers

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