Business transactions completed by Hannah Venedict during the month of September are as follows.

Business transactions completed by Hannah Venedict during the month of September are as follows.

1. Venedict invested $84,000 cash along with office equipment valued at $21,000 in a new business named HV Consulting in exchange for common stock.
2. The company purchased land valued at $40,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $165,000.
3. The company purchased $2,400 of office supplies on credit.
4. Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,500 and is to be used exclusively in the business.
5. The company purchased $5,400 of additional office equipment on credit.
6. The company paid $1,500 cash salary to an assistant.
7. The company provided services to a client and collected $7,600 cash.
8. The company paid $640 cash for this month’s utilities.
9. The company paid $2,400 cash to settle the account payable created in transaction c.
10. The company purchased $20,500 of new office equipment by paying $20,500 cash.
11. The company completed $6,500 of services for a client, who must pay within 30 days.
12. The company paid $1,700 cash salary to an assistant.
13. The company received $3,000 cash in partial payment on the receivable created in transaction k.
14. The company paid a $2,700 cash dividend.

Required:
1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602).
2. Post the journal entries from part 1 to the ledger accounts.
3. Prepare a trial balance as of the end of September.