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P11.1.6 Enter Transactions Germain Consulting entered into the following transactions during January 2023. 1. Record the transactions for Germain Consulting. (Click View> Open Window List to streamline transaction entry.) Transaction Mason Germain invested $13,000 in the business (Check No. 432) Paid $700 for rent expense to Joseph Leasing. (Record with the two-step method using the Enter Bills and Pay Bills windows.) Purchased computer equipment for $2,400 on account from Maria Cecilia Associates (Account Furniture & Equipment). Date 01/01/2023 01/01/2023 01/02/2023 01/03/2023 Purchased copier/printer/fax machine for $900 o account from Maria Cecilia Associates (Account: Furniture & Equipment). Emailed invoice to Luminesse Link for 12 hours of Internet marketing consulting and 8 hours of social media marketing consulting. Use the Intuit Service Invoice template. 01/06/2023 542 Chapter11 023 Emailed invoice to Bichotte Supplies for 13 hours of Internet marketing consulting and 9 hours of social media marketing consulting Emailed invoice to Mimi Petit for 4 hours of Internet 01/10/2023 01/15/2023 01/20/2023 marketing consulting Emailed invoice to Bichotte Supplies for 18 hours of social media marketing consulting Paid $400 for office technology supplies from Maria Cecilia Associates. (Record as Office Supplies Expense using the Enter Bills and Pay Bills windows.) 01/20/2023 01/22/2023 01/22/2023 Received payment from Luminesse Link (Check No. 589) and recorded deposit Emailed invoice to Luminesse Link for 15 hours of Internet marketing consulting Received payment from Bichotte Supplies for $1410.00 (Check No. 935) and recorded deposit 01/23/2023 Received payment from Mimi Petit (Check No. 1245) and recorded deposit 01/24/2023 Paid $120 for office technology supplies from Maria Cecilia Associates. (Record as Office Supplies Expense using the Enter Bills and Pay Bills windows.) Emailed invoice to Mimi Petit for 3 hours of Internet marketing consulting and 8 hours of social media marketing consulting 01/27/2023 01/28/2023 Received payment from Bichotte Supplies (Check No. 876) and recorded deposit 01/31/2023 Paid Maria Cecilia Associates bill for $2,400 computer P11.1.7 Adjusting Entries 1. Export to Excel or print the Trial Balance report at January 31, 2023 2. Enter adjusting entries at January 31, 2023, using the following information ADJ1: The $2,400 computer is depreciated over 24 months using straight-line depreciation and no salvage value. Use Account No. 62400 Depreciation Expense and Account No. 17000 Accumulated Depreciation. ADJ2: The $900 copier/printer/fax is depreciated over 36 months using straight-line depreciation and no salvage value. Use Account No. 62400 Depreciation Expense and Account No. 17000 Accumulated Depreciation. ADJ3: Office technology supplies on hand at January 31, 2023, totaled $50. Add a new current asset account, No. 13000, Office Supplies on Hand, to transfer $50 from the Office Supplies Expense account to Office Supplies on Hand account. 3. From the Report Center, export to Excel or print the Adjusting Journal 4. Export to Excel or print the Adjusted Trial Balance report at January 5. On the Adjusted Trial Balance report, highlight the amounts affected Entries for January 31, 2023 31, 2023 by the adjusting entries

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