Attempt all questions.Use proper format where required I.Journalize the following transactions that occurred for Jane Long's Restaurant in the month of May.Post to the ledgers 1 Purchased inventory stock for $350 on credit 2 Restaurant makes sales of $2,000,$1,200 for cash and $800 on account 3 Paid staff wages $750. 4 Received S660 in connection with customers billed in (2 above 5 Jane Long withdrew S2,400 from the business. 6 Paid $330 for miscellaneous expenses (telephone,electricity,etc. 7 Paid $350 to trade creditors. 8 Took up a loan of $4,200 from the bank 9 Restaurant makes sales of $2,800, $1,500 for cash and $1,300 on account. 10 Purchased furniture costing S3,160 on credit 10+10=20marks 2. Rush Innovations Trial Balance November 30,2021 Debit $23,480 7,000 5,800 10,400 21,000 68,000 Account Title Cash Accounts receivable Office supplies Prepaid Insurance Prepaid rent Office equipment Accounts payable Jay Rush,Capital Jay Rush,withdrawals Service Revenue Wages Expense Utilities expense Total Credit $3,400 146,000 10,600 15,800 16,000 2,929 $165,200 $165,200 Use the trial balance provided above to prepare an income statement and statement of changes in equity and Balance sheet for the first month ended November 30,2021. 4+5+6 = 15 marks