Business, 01.03.2021 21:30 lukeakalucas

Jan. 1 Fahad Ali transferred cash from a personal bank account to an account to be used for the business, $53,000.
2 Paid rent on office and equipment for the month, $7,950.
3 Purchased supplies on account, $4,240.
4 Paid creditor on account, $2,320.
5 Earned fees, receiving cash, $24,180.
6 Paid automobile expenses (including rental charge) for month, $2,490, and miscellaneous expenses, $560.
7 Paid office salaries, $6,630.
8 Determined that the cost of supplies used was $1,860.
9 Withdrew cash for personal use, $2,600.

Required:
a. Journalize entries for transactions Jan. 1 through 9.
b. Post the journal entries to the T accounts. Determine the account balances after all posting is complete. Determine the correct ending balance.
c. Prepare an unadjusted trial balance as of January 31, 20Y5.

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