On $02/15/2024,$ Baraf Saaf Company purchased office supplies for $$3,500$ using a line$-$of$-$credit that was established with the vendor.

On $02/20/2024,$ Fred secured a $90-$day note payable from Bedrock Bank, borrowing $$30,000$ in cash to cover operating expenses for the next three months.

On $02/22/2024,$ Barney Rubble invested $$30,000$ of his personal funds into the company in exchange for additional common stock.

On $02/24/2024,$ Baraf Saaf Company provided snow removal services to various clients, generating $$12,500$ in service revenue. The company received $$5,000$ in cash and expects to collect the remainder within $30$ days.

On $02/25/2024,$ Baraf Saaf Company paid its annual liability insurance premium of $$5,500,$ covering the period from February $1,2024,$ to January $31,2025.$

On $02/28/2024,$ Baraf Saaf Company paid salaries to its employees, totaling $$7,200,$ for the period of $02/01-02/21.$

On $02/28/2024,$ Baraf Saaf Company paid dividends of $$500$ to the company's investors.

On $02/28/2024,$ Baraf Saaf Company was notified by their accountant that their year$-$to$-$date income tax liability is $$1,891.$ They will pay the tax liability on $4/15/2024.$

Tasks: To complete this assignment, you should complete steps $1-6$ below in Excel

For each transaction, please indicate the impact on the accounting equation

Please write the journal entry $($JE$)$ for each transaction for THE MONTH OF February.

Please post journal entries to T$-$Accounts and label the JE with numbers above.

Balance the T$-$accounts after the above entries are posted.

Please prepare a Trial Balance FOR THE MONTH OF February. All T$-$accounts have beginning balance of $0.$

$6.$ Using the final balances from the Trial Balance, please write Baraf Saaf Company's Accounting