Nov $1$ Received $$34,000$ cash and issued capital to Yung.

$4$ Purchased supplies, $$500,$ and furniture, $$1,900,$ on account.

$6$ Performed services for a law firm and received $$1,200$ cash.

$7$ Paid $$25,000$ cash to acquire land for a future office site.

$10$ Performed service for a hotel and received its promise to pay the $$1,200$ within

one week.

$14$ Paid for the furniture purchased November $4$ on account.

$15$ Paid secretary$\text{'}$s bi$-$monthly salary, $$540.$

$17$ Received cash on account, $$500.$

$20$ Prepared a design for a school on account, $$800.$

$28$ Received $$2,200$ cash for consulting with Plummer & Gorden.

$30$ Paid secretary$\text{'}$s bi$-$monthly salary, $$540.$

$30$ Paid rent expense, $$830.$

$30$ Yung withdrew cash of $$2,700.$

Requirements

Open the following T$-$accounts: Cash, Accounts receivable, Supplies, Furniture,

Land, Accounts payable, Yung, Capital; Yung, drawing; Service revenue, Salary

expense, and Rent expense.

Record each transaction in the journal, using the account titles given. Key each

transaction by date. Explanations are not required.

Post the transactions to the T$-$accounts, using transaction dates as posting references

in the ledger accounts. Label the balance of each account Bal, as shown in

the chapter.

Prepare the trial balance of Beth Yung, Designer, at November $30,2024.$