Consider the following transactional data for the first month of operations for Crystal Clear Cleaning.

Requirements 1. Journalize the transactions, using the following accounts: Cash; Accounts Receivable; Cleaning Supplies; Prepaid Rent; Prepaid Insurance; Equipment;
Truck; Accounts Payable; Unearned Revenue; Notes Payable; Common Stock;
Dividends; Service Revenue; Salaries Expense; Advertising Expense; and Utilities Expense. Explanations are not required.
2. Open a T-account for each account.
3. Post the journal entries to the T-accounts, and calculate account balances.
4. Prepare a trial balance as of November 30, 2024.

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Nov. 1 2 The business paid $4,000 to Pleasant Properties for November through February rent. (Debit Prepaid Rent) 3 4 5 Stockholders contributed $15,000 and a truck, with a market value of $3,000, to the business in exchange for common stock. Purchased cleaning supplies on account, $320. Purchased on account an industrial vacuum cleaner costing $1,500. The invoice is payable November 25. 7 Paid $3,900 for a computer and printer. 9 Performed cleaning services on account in the amount of $4,700. 10 Received $200 for services rendered on November 9. 15 Paid employees, $400. 16 Received $15,000 for a 1-year contract beginning November 16 for cleaning services to be provided. Contract begins November 16, 2024, and ends November 15, 2019. (Credit Unearned Revenue) Provided cleaning services and received $400 cash. Received a utility bill for $175 with a due date of December 4, 2024. (Use Accounts Payable) 17 18 20 21 25 29 30 Paid $4,800 for a business insurance policy for the term November 1, 2024 through October 31, 2019. (Debit Prepaid Insurance) Borrowed $36,000 from bank with interest rate of 6% per year. Received $500 on account for services performed on November 9. Paid $750 on account for vacuum cleaner purchased on November 5. Paid $200 for advertising. Cash dividends of $1,400 were paid to stockholders.