Virtual Golf Corporation operates indoor golf simulators that allow individual customers and golf club members to experience courses like Pebble Beach and Augusta without leaving their own neighbourhoods. Its stores are located in rented space in malls and shopping centres. During its first month of business ended April 30, 2017, Virtual Golf Corporation completed seven transactions with the dollar effects indicated in the following schedule:

Required: 

1. Write a brief explanation of transactions (a) through (g). Include any assumptions that you made. 

2. Using the ending balance in each account, prepare an unadjusted trial balance for Virtual Golf Corporation on April 30, 2017.

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Assets Liabilitles + Shareholders' Equlty Supplies Equlpment Accounts Payable Accounts Cash Accounts Deferred Contributed Retained Earnings Receivable Revenue Capltal Beginning $ 2$ 24 24 $ $ 24 $ balance a +100,000 +100,000 b -30,000 +30,000 -200 +1,000 +800 +9,000 +1,000 Sales Revenue +10,000 -1,000 Wages Expense -1,000 e f +1,200 Utilities Expense -1,200 +2,000 +2,000 Ending $ 79,800 $ 1,000 $ 1,000 $ 30,000 $ 2,000 $ 2,000 $ 100,000 balance