10 TRANSACTIONS FOR A COMPANY :

1. A sale of merchandise or services. $50000

2. A purchase of supplies or raw material. $7000

3.Receipt of a payment for an Accounts Receivable. $1000

4. Payment of a bill in Accounts Payable. $750

5. Receipt of loan proceeds. $500

6. Repayment of a loan. $250

7. Issuance of a paycheck. $1479

8. Payment of employer taxes. $410

9. Payment of income taxes. $235

10. Purchase of a Fixed Asset. $86

Question 1)

a. Prepare a trial balance

b. provide three adjusting entries for the company