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, 20X1 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 20X1.

1. Paid $2,100 for one months rent.
2. Collected $4,500 in cash from credit customers.
3. Performed services for $8,300 in cash.
4. Paid $5,300 for salaries.
5. Issued a check for $2,750 to a creditor.
6. Performed services for $11,650 on credit.
7. Purchased office equipment for $3,200 on credit.
8. The owner withdrew $2,800 in cash for personal expenses.
9. Issued a check for $925 to pay the monthly utility bill.
10. Post the above transactions into the appropriate T accounts.
11. Using the information shown, prepare a trial balance for Martin and Associates at December 31, 20X1 before any adjusting entries are made.