1. Owner invested $24,000 in the business. 2. Obtained a bank loan for $7,000 by issuing a note payable. 3. Paid $11,000 cash to buy equipment. 4. Paid $1,200 cash for April office rent. 5. Paid $1,450 for supplies. 6. Purchased $600 of advertising in the Daily Herald, on account. 7. Cash withdrawal of $400 by owner for personal use. 8.Paid Daily Herald the amount due in transaction (6). Instructions 1- Journalize the transactions. 2- Post the transaction to Ledger. 3- Prepare the Trial Balance