QUESTION NO. 1 Preparing and posting journal entries, preparing a trial balance Business transactions completed by Nabil Aziz during the month of September are as follows. Aziz invested $60,000 cash along with office equipment valued at $25,000 in a new sole proprietorship named NA Consulting. 2. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note payable for $170,000. * The company purchased $2,000 of office supplies on credit. Aziz invested her personal automobile in the company. The automobile has a value of S16,500 and is to be used exclusively in the business. The company purchased $5.600 of additional office equipment on credit The company paid $1,800 cash salary to an assistant 7. The company provided services to a client and collected $8,000 cash. The company paid $635 cash for this month's utilities. . The company paid $2,000 cash to settle the account payable created in transaction on 3 Sep. 1. The company purchased $20,300 of new office equipment by paying $20,300 cash. 1. The company completed $6,250 of services for a client, who must pay within 30 days. 12 The company paid $1,800 cash salary to an assistant 13. The company received $4,000 cash in partial payment on the receivable created in transaction on Sep 11. 14. Aziz withdrew $2,800 cash from the company for his personal use. Required Prepare general journal entries to record these transactions (use account titles listed in part 2). Account Numbers used above: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); N. Aziz, Capital (301); N. Aziz, Withdrawals (302); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602). Post the journal entries from part I to the ledger accounts and enter the balance after each posting