InstructionsIdentify each statement as true or false. If false, indicate how to correct the statement.E2.11(LO 3,4), AP Selected transactions from the journal of June Feldman, investment broker, are presented as follows.DateAug. 110122531(Receipt of cash on account)Instructionsa. Post the transactions to T-accounts.b. Prepare a trial balance at August 31,2022.E2.12(LO 2,4), AP The following T-accounts summarize the ledger of Negrete Landscaping Company at the end of the first month of operations.Cash4/14/124/294/3014,000|4/159004/25No.1011,3001,500Unearned Service Revenue No.2091,0004001,000|Accounts Receivable4/73,000|4/29No.112400Owner's Capital14/1No.30114,000Account Titles and ExplanationRef.DebitCreditCash5,000Owner's Capital5,000(Owner's investment of cash in business)Cash2,600Service Revenue2,600(Received cash for services performed)Equipment5,000CashNotes Payable12.300(Purchased equipment for cashand notes payable)Accounts Receivable1,700Service Revenue1,700(Billed clients for services performed)Cash900Accounts Receivable900