Requirements $1.$ Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land; Furniture; Accounts Payable; Utilities Payable; Unearned Revenue; Common Stock; Dividends; Service Revenue; Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. $2.$ T$-$accounts have been opened for each of the accounts. Post the journal entries to the T$-$accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. $3.$ Prepare the trial balance of Ann Simpson, Designer, as of September $30,2018.$IVIore IntoRequirement $1.$ Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land; Furniture; Accounts Payable; Utilities Payable; Unearned Revenue; Common Stock; Dividends; Service Revenue; Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. $($Record debits first, then credits. Exclude explanations from journal entries.$)$ Sep. $1$: Received $\backslash (\backslash$$ $48,000\backslash )$ cash and issued common stock to Simpson.