The consulting firm of Martin and Associates uses the accounts listed below. Record the opening balances as of December 1, 2019 on the normal balance side of the following T-Accounts. List of accounts with their opening balances:

Cash	$	5,500		Fees Income	-0-
Accounts Receivable		8,500		Rent Expense	-0-
Office Equipment		8,000		Utilities Expense	-0-
Accounts Payable		6,200		Salaries Expense	-0-
Joan Martin, Capital		15,800
Joan Martin, Drawing		-0-

The firm has the following transactions during the month of December 2019. Record the effects of these transactions in the T accounts.

1. Paid $1,500 for one months rent.
2. Collected $5,300 in cash from credit customers.
3. Performed services for $7,500 in cash.
4. Paid $4,500 for salaries.
5. Issued a check for $3,500 to a creditor.
6. Performed services for $10,500 on credit.
7. Purchased office equipment for $1,500 on credit.
8. The owner withdrew $3,500 in cash for personal expenses.
9. Issued a check for $650 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.