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Part I Carl Redmon completed the following transactions during December: Dec 2 Invested $25,000 to start a consulting practice titled Redmon Consulting 2 Paid $6,000 for a 2-year insurance policy 3 Paid cash for a computer, $2,400. It is expected to remain in service for five years, and have a $400 salvage value at the end of its useful life 4 Purchased office furniture on account, $4,500. The furniture should last for five years 5 Purchased supplies on account, $500 9 Performed consulting service for a client on account, $1,700 12 Paid utility expense, $200 18 Performed service for a client and received cash of $800 22 Received $1,200 in advance for client service to be performed evenly over the next 30 days 22 Hired a secretary to be paid $4,000 on the 20th day of each month. The secretary begins work immediately 26 Paid $300 on account 28 Collected $600 on account 30 The owner withdrew $1,600 for personal use 31 Paid monthly office rent, $750 Required 1) Prepare journal entries for the above transactions in the journal of Redmon Consulting 2) Post the journal entries to the ledger. 3) Prepare a trial balance on December 31, 2017

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