took place during the first month :20 marks - 1 20 Section Hi Long Ouestion INKI, S - Snow Company started operations on February 1, 2020 by depositing $3,000, cash in the bank as capital. The following transactions took place during the first of operations February 3: Purchased supplies for $22,500 in cash. February 9 Purchased equipment for $255,000, puid S105,000 in cash and the remaining amount will be paid after 10 days. February 12: Received a bill from Dubai News for advertising amounted to $1,650. February 14: Paid $24,000 salaries in cash. February 16: Pald $6,000 utilities expense in cash. February 17: Provided services to customers for $195,000 in cash. February 19: Paid $150,000 for equipment purchased on February 9. February 28: The owner withdrew $7,500 cash for personal use. Required: 1- Prepare journal entries to record the above transactions. (5 marks) 2- Post to the appropriate ledger accounts. (5 marks) 3- Prepare the trial balance of Snow Company on February 29, 2020. (5 marks) 4. Prepare the financial statements of Snow Company on February 29, 2020