Verrecchia Company, a cleaning services firm, began business on April 1, 2009. The company created the following accounts to record the transactions for April: Cash; Accounts Receivable; Supplies; Prepaid Van Lease; Equipment; Notes Payable; Accounts Payable; Common Stock; Retained Earnings; Cleaning Fees Earned; Wages Expense; Advertising Expense; and Van Fuel Expense. Record the following transactions for April using the financial statement effects template.

April 1. R. Verrecchia invested \(\$ 9,000\) cash to begin the business in exchange for common stock

2 Paid \(\$ 2.850\) cash for six months' lease on van for the business.

3 Borrowed \(\$ 10,000\) cash from bank and signed note payable agreeing to repay it in one year plus \(10 \%\) interest.

4 Purchased \(\$ 5,500\) of cleaning equipment; the company paid \(\$ 2,500\) cash with the remainder due within 30 days.

5 Paid \(\$ 4,300\) cash for cleaning supplies.

7 Paid \(\$ 350\) cash for advertisements to run in the area newspaper during April.

21 Billed customers \(\$ 3,500\) for services performed.

23 Paid \(\$ 3,000\) cash toward the account for cleaning equipment (see April 4).

28 Collected \(\$ 2,300\) cash from customers on their accounts billed on April 21.

29 Paid \(\$ 1,000\) cash for dividends.

30 Paid \(\$ 1,750\) cash for April wages.

30 Paid \(\$ 995\) cash for gasoline used during April.