Paul Olivia opened a pizza business under the name of Olivia ’ s Pizza Parlor, and during the first week completed the following transactions: Invested cash of $ 4 , 0 0 0 and the following assets at their fair market values: furniture, $ 3 , 0 0 0 ; equipment $ 2 , 0 0 0 ; and building $ 9 , 0 0 0 . Purchased food and beverage on account, costing $ 5 0 0 and $ 2 0 0 , respectively, from Edgar ’ s Food Supply. Purchased a typewriter with cash, $ 2 0 0 . Paid for newspaper advertising, $ 2 5 . Paid Utility bills, $ 5 0 . Paid wages for the week, $ 4 5 0 . Paid for cooking supplies used during the week, $ 2 0 . Paid $ 1 5 0 on account to Edgar ’ s Food Supply. Received $ 7 0 0 from customers for pizza and beverages sold. Pizza sales amounted to $ 6 5 0 , the remainder was beverage sales. Required: a . ) Set up T - Accounts for the following: Cash; Furniture; Equipment; Building; Accounts Payable; capital; Food Sales; Beverage Sales; Advertising Expenses; Utility Expenses; Wage Expenses; Cooking Supplies Expense; Food Expenses; Beverage Expense. b . ) Prepare a Trial Balance