Exercises 1. Databricks, a software development startup, focusing on data management and AI, is opened for business and completed the following transactions in September 2021. September 1 All Ghodsi, one of the co-founders invested $38,000 cash along with office equipment valued at $15,000 in the company in exchange for common stock September 2 The company prepaid $9,000 cash for 12 month's rent for office space. September 4 The company made credit purchases for $8,000 in office equipment and $2,400 in office supplies. Payment is due within 10 days. September 8 The completed work for a client and immediately received $3,280 cash. September 12 The company completed a $15,400 project for a client, who must pay within 30 days. September 13 The company paid $10,400 cash to settle the payable created on September 4 September 19 The company paid $7,200 cash for the premium on an 18-month insurance policy September 22 The company received $7,700 cash as a partial payment for the work completed on September 12. September 24 The company completed work for another client for $2,100 on credit. September 28 The company paid $5,300 cash in dividends September 30 The company allocated its monthly rent and insurance expenses. Required: 1. Prepare the general journal entries to record these transactions. 2. Prepare a Trial Balance as of September 30, 2021 3. Prepare an Income Statement, Statement of Owners Equity and Balance Shee of September 30, 2021. (75 POINTS)