part B

Part A (16 marks) Digital Consulting Services (DCS) was started by T.J. Smith in September 2023. DCS provides consulting service regarding computer system installations, custom programme development, and other general computer consulting services. The following transactions take place during its first month of operation: Required: 1. Prepare journal entries to record the above transaction, using account titles listed in Requirement 2. below. Explanations/Narratives are NOT required for journal entries. (7.5 marks) 2. Open the following ledger accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Rent; Office Equipment; Accounts Payable; Unearned Service Revenue; Smith, Capital; Smith, Withdrawals; Services Revenue, and Utilities Expense. Post the journal entries from Requirement 1 . to the ledger accounts, using the following header for each account: (6.5 marks) 3. Prepare an unadjusted trial balance as of September 30, 2023. (2 marks) Part B (4 marks) What is the normal balance for unearned revenue and why