Roshaun Gould started a Web consulting firm called Gould Solutions. He began operations and completed seven transactions in April that resulted in the following accounts, which all have normal balances.

Required 1. Prepare a trial balance for this business as of the end of April.

Analysis Component 2. Analyze the accounts and their balances and prepare a list that describes each of the seven most likely transactions and their amounts.

3. Prepare a report of cash received and cash paid showing how the seven transactions in part 2 yield the $19,982 ending Cash balance.

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Cash $19,982 Office supplies. 760 Prepaid rent 1,800 Office equipment 12,250 Accounts payable.... 12,250 R. Gould, Capital 15,000 R. Gould, Withdrawals.... 5,200 Consulting fees earned 20,400 Operating expenses 7,658