The following transactions occurred in Thorn Accounting Services Inc. during August $2019,$ its first month of operation.

Aug. $1$ Issued share capital for $$3,000$ cash

$1$ Borrowed $$10,000$ cash from the bank

$1$ Pald $$8,000$ cash for a used truck

$4$ Paid $$600$ for a one$-$year truck Insurance policy effective August $1$

$5$ Collected $$2,000$ fees in cash from a client for work performed today $($recorded as Fees Earned$)$

$7$ Billed $$5,000$ fees to clients for services performed to date $($recorded as fees earned$)$

$9$ Paid $$250$ for supplies used to date$)$

Accural con upt

$12$ Purchased $$500$ of supplies on credit $($recorded as unused supplies$)$

$15$ Collected $$1,000$ of the amount billed on August $7$

$16$ Pald $$200$ for advertising in The News during the first two weeks of August

$20$ Paid half of the amount owing for the supplies purchased on August $12$

$25$ Paid cash for the following expenses: rent for August, $$350$; salaries, $$2,150$; telephone, $$50$; truck repairs, $$250$

$28$ Called clients for payment of the balance owing from August $7$

$29$ Billed $$6,000$ of fees to clients for services performed to date $($recorded as fees earned$)$

$(31)$ Transferred the amount of August's truck insurance $($$$50)$ to insurance expense

$31$ Counted $$100$ of supplies still on hand $($recorded the amount used as supplies expense$).$

Required:

Open general ledger $T-$accounts for the following $($account numbers are indicated in brackets$)$: Cash $(101),$ Accounts Receivable $(110),$ Prepaid Insurance $(161),$ Unused Supplies $(173),$ Truck $(184),$ Bank Loan $(201),$ Accounts Payable $(210),$ Share Capital $(320),$ Fees Earned $(420),$ Advertising Expense $(610),$ Insurance Expense $(631),$ Rent Expense $(654),$ Salarles Expense $(656),$ Supplies Expense $(668),$ Telephone Expense $(669),$ and Truck Operating Expense $(670).$

Prepare journal entries to record the August transactions including general ledger account numbers.

Prepare a trial balance at August $31,2019.$