Answer & Explanation:I have been working on this one assignment now for a week. To see
that I got it right, I am now in need of somebody who is specialized in
accounting to provide me with their calculation. This is the problem:”A designer office was opened on January 1, 2016. During the month, the following transactions were made:”Transfer of cash from personal bank account to account to be used for business, $20,000Paid January rent for office, $2,000Purchased used car for $30,000, paying $6,000 cash and giving note payable for the remainderPurchased equipment on account, $4,500Paid cash for supplies, $1,900Paid cash for annual insurance policy, $3,500Received cash from client for plans delivered, $13,000Paid cash for misc expenses, $2,500Paid cash for creditors on account, $3,000Paid installment due on note payable, $1,000Received invoice for blueprint service, due in February, $4,000Recorded fees earned on plans delivered, payment to be received in February, $22,000Paid salary for assistants, $4,000Paid gas, oil, repairs on car for January, $3,000I need the rundown of the journals, post them to general ledger, preparation of trial balance, statement of income and owner equity, and finally the balance sheet. Please put “()” where there is a risk for unclarity,
