The consulting firm of Martin and Associates uses the accounts listed below. On a separate sheet of paper, set up T accounts for each of the accounts listed and record the balances as of December $1,20$X$1$ on the normal balance side of the accounts.Cash$ $5,800$Joan Martin, Capital$19,200$Accounts receivable$9,500$Joan Martin, Drawing$-0-$Prepaid rent$-0-$Fees income$-0-$Office equipment$8,900$Utilities expense$-0-$Accounts payable$5,000$Salaries expense$-0-$The firm has the following transactions during the month of December $20$X$1.$Paid $$2,100$ for one months rent.Collected $$4,500$ in cash from credit customers.Performed services for $$8,300$ in cash.Paid $$5,300$ for salaries.Issued a check for $$2,750$ to a creditor.Performed services for $$11,650$ on credit.Purchased office equipment for $$3,200$ on credit.The owner withdrew $$2,800$ in cash for personal expenses.Issued a check for $$925$ to pay the monthly utility bill.Post the above transactions into the appropriate T accounts.Using the information shown, prepare a trial balance for Martin and Associates at December $31,20$X$1$ before any adjusting entries are made.