Problem 2-4A (Algo) Recording transactions; posting to ledger; preparing a trial balance LO A1, P1 Business transactions completed by Hannah Venedict during the month of September are as follows. Venedict invested $86,000 cash along with office equipment valued at $20,000 in a new business named HV Consulting in exchange for common stock. The company purchased land valued at $45,000 and a building valued at $165,000. The purchase is paid with $35,000 cash and a note payable for $175,000. The company purchased $2,100 of office supplies on credit. Venedict invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,200. The company purchased $5,300 of additional office equipment on credit. The company paid $1,600 cash salary to an assistant. The company provided services to a client and collected $7,200 cash. The company paid $645 cash for this months utilities. The company paid $2,100 cash to settle the account payable created in transaction c. The company purchased $20,400 of new office equipment by paying $20,400 cash. The company completed $6,500 of services on credit for a client, who must pay within 30 days. The company paid $1,600 cash salary to an assistant. The company received $4,000 cash in partial payment on the receivable created in transaction k. The company paid a $2,700 cash dividend. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilities Expense (602). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of September.