The trial balance of Sam Mitchell, CPA, P.C., is dated January 31, 2012:

During February, Mitchell or his business completed the following transactions:
Feb 4 Collected $4,000 cash from a client on account.
8 Performed tax services for a client on account, $4,600.
13 Paid business debt on account, $2,400.
18 Purchased office supplies on account, $900.
20 Paid cash dividends of $2,200.
21 Mitchell paid for a deck for his private residence using personal funds, $8,000.
22 Received $2,300 cash for consulting work just completed.
2 Paid office rent, $500.
29 Paid employee salary, $1,600.
Requirements
1. Record the February transactions in the journal. Include an explanation for each entry.
2. Post the transactions to four-column accounts in the ledger, using dates, account numbers, journal references, and posting references. Open the ledger accounts listed in the trial balance, together with their balances at January 31.
3. Prepare the trial balance of Sam Mitchell, CPA, P.C., at February 29,2012.

SAM MITCHELL, CPA, P.C. Trial Balance January 31, 2012 Debit Credit Account No. Account $ 7,000 Cash 11 12 Accounts receivable 10,500 Supplies 13 600 Land 14 17,000 $ 4,700 Accounts payable Common stock Dividends 21 30,400 31 32 Service revenue Salary expense 51 Rent expensc 52 Total $ 35,100 S 35,100