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6. Transaction analysis and statement preparation. The transactions that follow relate to Conservation Enterprises for October 20XX, the company's first month of activity. 10/1: Investments into the business totaled $35,000. 10/3: Performed $3,800 of services on account. 10/10: Acquired a small parcel of land for $6,000. 10/12: Received $600 cash from clients for services. 10/15: Paid $350 for advertising. 10/18: Acquired $9,000 of equipment by paying $7,000 down and agreeing to remit the balance owed within the next 2 weeks. 10/23: Received $1,900 from clients, who were billed previously on October 3. 10/24: Paid $1,000 on account for partial settlement from equipment purchased October 18. 10/28: Rented equipment for use on October 28. Total charges amounted to $75 on account. 10/31: Paid $1200 for October salaries. 10/31: Processed a $1000 dividend to common stock holders. Instructions a. Record each transaction in a journal utilizing T-accounts to serve as your ledger. b. Prepare an unadjusted trial balance. b. Prepare an income statement, a statement of retained earnings, and a balance sheet. Use Journal, T-Account, Trial Balance, Income Statement, and Balance Sheet forms. The Statement of Retained Earnings is at the top of the Balance Sheet