Use basic skills of accounting elements to analyze and record transactions while preparing journal, ledger and trial balance

Harry Wilson completed these transactions during the month of December:

Dec.2 Invested $40000 to start a consulting practice titled Harry, Consultant.

2 Paid monthly office rent $1500.

3 Paid cash for a machinery, $10000.

4. Purchased office furniture on account,$3600.

5. Purchased supplies on account, $300.

9. Performed consulting service for a client on account, $1700.

12. Paid utility expenses, $200.

18. Performed service for a client and received cash for the full amount of $800.

Instructions

Journalize the transactions (I mark for each journal entry=8 marks)

Post to the ledger (1 mark for each account= 10 marks)

Prepare a Trial balance on December 31. (2 marks)