Recording Process P2.34 (LO 1, 2, 3, 4) Torn Zopf owns and manages a compater repair service, which had the following trial balance on December 31, 2019 (the end of its fiscal year). Credit Tablette Repair Service, Inc. Trial Balance December 31, 2019 Debit Cash $ 8,000 Accounts Receivable 15,000 Supplies 11.000 Prepaid Rent 3,000 Equipment 21.000 Accounts Payable Common Stock Retained Earnings $58,000 $17.000 30,000 11,000 558,000 Summarized transactions for January 2020 were as follows. 1. Advertising costs, paid in cash, 51.000. 2. Additional supplies acquired on account $3.600. 3. Miscellaneous expenses. paid in cash. 51.700. 4. Cash collected from customers in payment of accounts receivable 513,000 5. Cash paid to creditors for accounts payable due $14.400. 6. Repair services performed during January: for cash $5,000, on account 59.000 7. Wapes for January, paid in cash. $3.000. 8. Dividends during January were $1,600 Instructions a. Open T-accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2020 b. Prepare journal entries to record each of the January transactions. (Omit explanations.) c. Pout the journal entries to the accounts in the lodger. (Add accounts as needed.) d. Prepare a trial balance as of January 31, 2020 51,200 P2.4A (LO 4) The trial balance of Dominic Company shown below does not balance. Excel Dominic Company Trial Balance May 31, 2020 Debit Credit