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3/1 The owner, Lisa, depostied $30,000 into the bank and set up an accounting for the company. 3/1 A one-year, 12% bank loan for $5,000

3/1 The owner, Lisa, depostied $30,000 into the bank and set up an accounting for the company.

3/1 A one-year, 12% bank loan for $5,000 was obtained.

3/1 Equpiment costing $12,000 with an estimated useful life of 10 years was purchased for cash

3/6 A bill for $160 of utilities was recieved. The bill is due by the 30th of next month.

3/7 Services were provided to customers for $2,000 cash

3/10 recieved $500 on account from customers who were billed march 6.

3/15 supplies costing $3,000 were purchased on account

3/20 Paid $1,000 on account for the supplies purchased on March 15

3/30 The only employee was paid $700

3/31 Declared and paid $500 dividend to Lisa, the sole stock holder.

Supplies costing $1,500 were still unused at the end of march, the equipment is estimate to have a ten-year useful life, all the interest on the note payable will be paid at the date the note matures.

Prepare an adjusted trial balance.

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