Trey Madderi opened a law office on January 1, 2024. During the frst month of operations, the business completed the following transactions: (B) (Click the icen lo virw the trasssctions) Read the teguremects Trial Balance January 31, 2024 Balance Account Title Cash Office Supplies Furniture Accounts Receivable Building Land Accounts Payable Notes Payable Utilities Expense Salaries Expense Credit 100,000 22,000 Prepaid Insurance Rent Expense Madden, Withdrawals Total 5,400 Jan. 1 Madden contributed $79,000 cash to the business, Trey Madden, Attorney. The business gave capital to Madden. Jan. 3 Purchased office supplies, $1,200, and furniture, $1,500, on account. Jan. 4 Performed legal services for a client and received $1,200 cash. Jan. 7 Purchased a building with a market value of $100,000, and land with a market value of $22,000. The business paid $60,000 cash and signed a note payable to the bank for the remaining amount. Jan. 11 Prepared legal documents for a client on account, $1,300. Jan. 15 Paid assistant's semimonthly salary, $1,230. Jan. 16 Paid for the office supplies purchased on January 3 on account. Jan. 18 Received $2,000 cash for helping a client sell real estate. Jan. 19 Defended a client in court and billed the client for $900. Jan. 25 Received a bill for utilities, $250. The bill will be paid next month. Jan. 29 Received cash on account, $1,200. Jan. 30 Paid $2,400 cash for a 12-month insurance policy starting on February 1. Jan. 30 Paid assistant's semimonthly salary, $1,230. Jan. 31 Paid monthly rent expense, $1,300. Jan. 31 Madden withdrew cash of $2,600