March 1 M. Acher invests $70,000 cash to start the business. March 3 Purchased three pieces of equipment for $160,000, paying $50,000 cash and signing a 5-year, 10% note for the remainder.March 5 Purchased $5,000 supplies on credit. MarchlO Cash revenue amounted to $7,000. March 15 Paid $500 cash for radio advertising. March 20 Paid $800 on account for supplies purchased on March 5. March 22 Owner withdrew $2,100 from the business for personal expenses. March 29 Paid $1,200 cash for rent for the current month. March 30 Received $2,000 cash advance from a customer for future copying. March 31 Billed a customer for $575 for photocopy work done. Requirements: 1) Make a tabular analysis of the transactions on accounting equation. Use the following column headings: cash, Supplies, accounts receivable, equipment, accounts payable, notes payable, unearned service revenue, capital, withdrawal, revenues, expenses. 2) Journalize the above transactions. 3) Prepare necessary T accounts. 4) Prepare a trial balance on March 31, 2021 and prove the arithmetic accuracy of the accounts. Other data: a) The office equipment has an estimated useful life of 80 months with zero salvage value. b) The physical count revealed $2000 supplies on hand at the end of the month. c) Provided $1000 service during the month in respect of advance receipts from the customer. d) Interest accrued on the notes payable. Requirements: 5) Prepare necessary adjusting entries on March 31, 2021. 6) Enter the trial balance on a worksheet and complete the worksheet. 7) Prepare an income statement for the month ended March 31, 2021, an owner's equity statement on March 31,2021 and a balance sheet on March 31,2021. 8) Prepare necessary closing entries on March 31,2021. 9) Prepare a post-closing trial balance on March 31,2021.​