Task #$1$

$($c$)$ Prepare the month end trial balance.

Hired a receptionist at a salary of $$1,500$ per month.

Mya Franklin invested $$37,000$ cash to start a consulting business.

Mya Franklin began a restaurant consulting company. Below are events and

transactions that occurred during the first month of operations.

$($a$)$ Prepare the necessary general journal entries. If no entry is needed put N$/$A$.$

$($b$)$ Post journal entries to the ledger accounts.

Received $$5,000$ advance on a consulting engagement.

Paid receptionist salary for the month.

Paid office rent of $$2,000$ for the month

Billed client $$1,700$ providing consulting services.

Purchased $$900$ of supplies, on account, from Office Supply Company.

Received cash of $$1,400$ for services completed for Mutter Company.

Paid $30\%$ of the balance due to Office Supply Company.