Required 1- Journalize the given transactions. 2- Post the accounts used in the general journal using the T-account form of the general ledger.

Lenovo Enterprise was started on January 1 by Mr. Dan. During January, the following events and transactions occurred: Jan 1 Mr. Dan invested $80,000 cash in exchange of common stock. 10 Purchased Building costing $100,000 on account from Tala Real Estate. 15 Paid Salaries of $3,000. 18 performed services on account totaling $5,000. 19 Received $2,500 in advance from Slam Company for services expected to be completed by the end of the year. 23 Purchased Equipment for $5,000 cash. 25 Paid advertising bill, $2,000. 26 Paid half of balance due to Tala Real Estate. 28 Received $2,000 cash from customer billed in Jan 18. 30 Paid $4,000 for a 2-year insurance policy