P2-44 Carl Redmon completed these transactions during the first half of December: Invested $10,000 to start a consulting practice titled Redmon Consulting. Paid monthly office rent, $500. Paid cash for a Dell computer, $2,000. This equipment is expected to remain in service for five years. Purchased office furniture on account, $3,600. The furniture should last for five years. Dec, 2 2 3 4 5 Purchased supplies on account, $300. 9 Performed consulting service for a client on account, $1,700. 12 Paid utility expenses, $200. 18 Performed service for a client and received cash of $800. Requirements 1. Open T-accounts in the ledger: Cash; Accounts Receivable; Supplies; Equipment; Furniture; Accounts Payable; Carl Redmon, Capital; Carl Redmon, Withdrawals; Service Revenue; Rent Expense; Utilities Expense; and Salary Expense. 2. Journalize the transactions. Explanations are not required. 3. Post to the T-accounts. Key all items by date, and denote an account balance as Bal. Formal posting references are not required. 4. Prepare a trial balance at December 18