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 Accounts receivable Prepaid rent Office equipment Accounts payable $5,800 Joan Martin, Capital 9,500 Joan Martin, Drawing -0- Fees income 8,900 Utilities expense 5,000 Salaries expense 19, 200 -0- -0- -0- -0- The firm has the following transactions during the month of December 20X1. a. Paid $2,100 for one month's rent. b. Collected $4,500 in cash from credit customers. c. Performed services for $8,300 in cash. d. Paid $5,300 for salaries. e. Issued a check for $2,750 to a creditor. f. Performed services for $11,650 on credit. g. Purchased office equipment for $3,200 on credit. h. The owner withdrew $2,800 in cash for personal expenses. i. Issued a check for $925 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, 20x1 before any adjusting entries are made. Cash Accounts Receivable Beg. bal. Beg. bal. Bal Bal. Prepaid Rent Office Equipment Beg. bal. Beg. bal. Bal Bal Accounts Payable Joan Martin, Capital Beg. bal. Beg. bal. Bal Bal Joan Martin, Drawing Fees Earned Beg. bal. Beg. bal. Bal Bal Utilities Expense Salaries Expense Beg. bal. Beg. bal. MARTIN AND ASSOCIATES Trial Balance December 31, 20X1 Account Name Debit Credit Total $ 0 $ 0