Jones Shoe shop experienced the following events during 2016, its first year of operation:

1. Acquired $25,000 cash from the issue of common stock.

2. Purchased inventory for $32,000 cash.

3. Sold inventory costing $19,000 for $36,000 cash.

4. Paid $3,100 for advertising expense.

Required

a. Record the general journal entries for the preceding transactions.

b. Post each of the entries to T-accounts.

c. Prepare a trial balance to prove the equality of debits and credits.