The following transactions occurred during the month for Teresa Parker, CPA: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions, and then post the journal entries to the four-column accounts. Explanations are not required for the joumal entries. Keep a running balance in each account. Assume the journal entries are recorded on page 10 of the journal. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing the transactions. June 1: Parker opened an accounting firm by contributing $13,200 cash and office furniture with a fair market value of $5,300 in exchange for capital. Prepare a compound entry. Requirements 1. The following four-column accounts of Teresa Parker, CPA have been opened for you: Cash, 110; Accounts Receivable, 120; Office Supplies, 130; Office Furniture, 140; Accounts Payable, 210; Utilities Payable, 220; Parker, Capital, 310; Parker, Withdrawals, 320; Service Revenue, 410; Salaries Expense, 510; Rent Expense, 520; Utilities Expense, 530. Journalize the transactions, and then post the journal entries to the four-column accounts. Explanations are not required for the journal entries. Keep a running balance in each account. Assume the journal entries are recorded on page 10 of the journal. 2. Prepare the trial balance as of June 30,2024 . More info Jun. 1 Parker opened an accounting firm by contributing $13,200 cash and office furniture with a fair market value of $5,300 in exchange for capital. Jun. 5 Paid monthly rent of $1,300. Jun. 9 Purchased office supplies on account, $600. Jun. 14 Paid employee's salary, $1,900. Jun. 18 Received a bill for utilities to be paid next month, $370. Jun. 21 Paid $500 of the accounts payable created on June 9. Jun. 25 Performed accounting services on account, $5,700. Jun. 28 Parker withdrew cash of $6,700