On july 31, 2017, the general ledger of tamarisk, inc. showed the following balances: cash $3,600, accounts receivable $1,350, supplies $450, equipment $4,500, accounts payable $3,690, common stock $3,150, and retained earnings $3,060. during august, the following transactions occurred. aug. 3 collected $1,080 of accounts receivable due from customers.5 received $1,170 cash for issuing common stock to new investors.6 paid $2,430 cash on accounts payable.7 performed legal services of $5,850, of which $2,700 was collected in cash and the remainder was due on account.12 purchased additional equipment for $1,080, paying $360 in cash and the balance on account.14 paid salaries $3,150, rent $810, and advertising expenses $250 for the month of august.18 collected the balance for the services performed on august 7.20 paid dividends of $450 to stockholders.24 billed a client $900 for legal services performed.26 received $1,800 from laurentian bank; the money was borrowed on a bank note payable that is due in 6 months.27 agreed to perform legal services for a client in september for $4,050. the client will pay the amount owing after the services have been performed.28 received the utility bill for the month of august in the amount of $250; it is not due until september 15.31 paid income tax for the month $450.question 1: journalize the august transactions. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.)question 2: post the august journal entries to the ledger. (post entries in the order of information presented in the question.)question 3: prepare a trial balance on august 31, 2017.