Question: Please help with Question # 2 (Post entries into general ledger) Consider the following transactions for the first month of operations of a sma11 law

Please help with Question # 2 (Post entries into general ledger) Please help with Question # 2 (Post entries into general ledger) Consider

Consider the following transactions for the first month of operations of a sma11 law firm ca1led Landon Law. Sept 1 Landon invested $15,000 and a two office desks with a market value of $3,000 into the firm. The desks have a 10 -year 7ife. Sept 2 The 7aw firm paid first and 7ast month rent total of $4,000 of a 5-year lease. Sept 3 Paid $4,800 insurance for the period Sept 1-Aug 31 ( 1 year) Sept 4 Purchased office supplies on account, $320 SeptSept7Purchasedonaccount,equipmentcostinPaid$3900foracomputerandprinter Sept7Sept9Paid$3900foracomputerandprinterPerformedlegalworkonaccountintheamountof$4,700 Sept 10 Received $200 for lega7 work that was done Sept 9 Sept 15 Paid receptionist, $400 Sept 16 Received $15,000 for a legal retainer for a client, no work has been done yet Sept 17 Prepared a wi71 and got paid $400 Sept 18 Received a utility bi 11 for $175, with a due date oct 10 of 6% per year Sept 20 Borrowed $36,000 from the bank, with an interest rate of Sept 25 Paid $750 on account for equipment purchased Sept 5 Sept 29 Paid $200 for advertising Sept 30 Landon withdrew cash of $1400 for a personal trip to Las vegas Prepare the following: 1. Prepare the journal entries for the month of september 2. Post the entries into the genera 1 ledger 3. Prepare an unadjusted trial balance 4. Prepare the adjusting entries for the end of september 5. Prepare an adjusted trial balance 6. Prepare income statement, Statement of changes in owners Equity and a classified balance sheet 7. Prepare closing entries

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