Using the general journal provided on the next page, prepare the journal entries for Coquitlam Consulting for all of the following events. Required 1) adjusting entries monthly except for amortization which is adjusted annually. .Assum . Assume that Coquitlam Consulting (CC) prepares financial statements and makes e that reversing entries are not used by Coquitlam Consulting. 2) Post the August cash transactions to the cash account using proper bookkeeping procedures ag 3 Charlie Devlin started a consulting business "Coquitlam Consulting" (CC) by investing $60,000 cash and an automobile with a fair market value of $15,000. The automobile was purchased 4 years ago for $35,000 and has been used by Mr. Devlin personally. 6 CCpurchased office supplies for use over the next few months, for $2,000. $500 was paid 13 CC completed consulting work for its firt dient and billed $25,000. One quarter is due on 6 CC collected the amount due from its client. at the time of purchase. The balance will be paid on September 5. August 26, the balance is due October 31. CC paid its employees $3,200. CC determined that $800 of supplies purchased on August 6 were still on hand. CC collected $12,000 from its 2od client for work to be done in September