1. Create journal entries for the following transactions; 2. Draw up a T-account for each account affected by transactions; 3. Calculate normal balances for all T-accounts. 4. Prepare an unadjusted trial balance. Transactions: April, 1: Student Co. received fees earned from customers, $ 20,000; April, 2: Purchased office equipment on credit, $45,000; April, 6: The owner invests $170,000 cash into business; April, 8: Purchased office supplies on account, $2,500; April, 9: Purchased land for a future building site, $80,000; April, 13: Paid office rent for one month, $5,500; April, 16: Received cash $4,100 from a customer for interest earned; April, 18: Paid utilities expense for the month of February, $700; April, 19: The owner withdraws $3,000 from the business; April, 20: Purchased inventory, $5,000; April, 21: Paid creditors on account, $5,500; April, 24: Paid tax expense, $500; April, 25: Services provided on account, $23,000; April, 28: Paid creditors on account, $20,000; April, 29: Paid salaries bill, $23,900. April 30, Received $10,000 on account from customers. Journal Date Description Post Ref. Debit Credit Ledger Add more T-accounts if needed. Student Co. Unadjusted Trial Balance April 30, 2020 Debit Balances Credit Balances