2. Please journalize and post each entry to T accounts. (50 points)
JD Specialties performed the completed the following transactions:
| Jan 2 | Purchased $350 of supplies on account. (expense) |
| Jan 10 | Performed services for client’s in the amount of $6,500 on account. |
| Jan 15 | Paid wages of $1,500, insurance of $250, and travel expenses of $25. |
| Jan 28 | Received $2,500 on account for services performed. |
| Jan 31 | Received and paid utility bill in the amount of $750. |
Supplies account
3. Prepare a trial balance from the information obtained in Problem 2. ( 20 points)
