Problem 2-12A Journalizing, posting, preparing a trial balance 10 Lady Baba is a singer who has experienced international success in their career. On May 1, 2020, Lady Baba started their business. Shallow Studio, where they teach singing lessons. The following activities occurred during August: nits August 1 Purchased supplies including sheet music on credit for $100. 2 Collected $5,800 in advance for singing lessons to be delivered in two months. 3 Collected $2,900 for teaching singing lessons in August 4 Paid $3,900 to rent the music studio for the month of August. 5 Paid $4ee for supplies purchased on account last month 15 Lady Baba withdrew cash of $450 to do some personal shopping on the weekend. 2e Paid their assistant wages of $2,200 31 Purchased new microphone equipment on credit for $750. 01:36:51 Required: 1. Prepare journal entries to record the August transactions. View transaction list