sare a trial bace using CLGL use the year 2020 when recordin

sare a trial bace using CLGL, use the year 2020 when recording transactions and preparing reports OBLEM 3-5A Following is the chart of accounts of Sanchez Realty Company: LO1,2, 3 Assets 111 Cash 113 Accounts Receivable 115 Supplies Revenue 411 Professional Fees Expenses 511 Salary Expense 512 Rent Expense 513 Advertising Expense 514 Utilities Expense CLG 17 Prepaid Insurance 124 Office Furniture Liabilities Accounts Payable 221 Owner\'s Equity 3 San 1 T. Sanchez, Capital 12 T. Sanchez, Drawing chez during April (the first month of business)!: 1 Sanchez deposited $20,000 in a bank account in the name of the business. 5 Sold realty services on account to R. Miller, $7,500, Inv. No. 100. 7 Paid a bill for advertising, $250, Ck. No. 1001. (Continued)

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Date	General Journal	Debit	Credit
Apr-01	Cash	20000
	T. Sanchez, Capital		20000
	(To record cash brought in)
Apr-05	Accounts receivable	7500
	Professional fees		7500
	(To record fees earned on account)
Apr-07	Advertising expense	250
	Cash		250
	(To record advertising expense paid)
Apr-08	Supplies	420
	Accounts payable		420
	(To record supplies purchased on account)
Apr-09	Cash	2530
	Professional fees		2530
	(To record fees earned)
Apr-15	Utilities expense	280
	Cash		280
	(To record utilities bill paid)
Apr-17	Office Furniture	1800
	Cash		300
	Accounts payable		1500
	(To record furniture purchased)
Apr-20	Prepaid insurance	1800
	Cash		1800
	(To record liability insurance bought)
Apr-21	Rent expense	1000
	Cash		1000
	(To record rent paid for the month)
Apr-25	Accounts payable	420
	Cash		420
	(To record payment on account)
Apr-27	Cash	7500
	Accounts receivable		7500
	(To record collection on account)
Apr-28	Utilities expense	150
	Cash		150
	(To record telephone bill paid)
Apr-29	Salary expense	1030
	Cash		1030
	(To record salaries paid)
Apr-30	T. Sanchez, Drawing	3000
	Cash		3000
	(To record cash withdrawn)