Problem 2-12A Journalizing, posting, preparing a trial balance Lady Baba is a singer who has experienced International success in their career. On May 1, 2020, Lady Baba started their busine Shallow Studio, where they teach singing lessons. The following activities occurred during August: August 1 Purchased supplies including sheet music on credit for $100. 2 Collected $5,8ee 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 $400 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. 283. Post the entries to the T-accounts. Use the below format) Enter the balances brought forward from the previous month: Cash (101) $6.900: Supplies (126) $1,400; Equipment (161) $8,900; Accounts Payable (201) $2,400: Unearned Teaching Revenue (233) $10,700; Lady Baba, Capital (301) $3,900; Lady Baba, Withdrawals (302) $13,900; Teaching Revenue (401) $48,700;Wages Expense (623) $27,700; and Rent Expense (640) $6,900