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a. On January 15, Rosenthal sold 500 shares of its common stock to William Hensley for $27,000. b. On January 24, Rosenthal purchased $720 of

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a. On January 15, Rosenthal sold 500 shares of its common stock to William Hensley for $27,000. b. On January 24, Rosenthal purchased $720 of painting supplies from Westwood Builders' Supply Company on account. c. On February 20, Rosenthal paid $720 cash to Westwood Builders' Supply Company for the painting supplies purchased on January 24. d. On April 25, Rosenthal billed Bultman Condominiums $22,400 for painting and decorating services performed in April. e. On May 12, Rosenthal received $12,500 from Bultman Condominiums for the painting and decorating work billed in April. f. On June 5, Rosenthal sent Arlington Builders a $9,500 bill for a painting job completed on that day. g. On June 24, Rosenthal paid wages for work performed during the preceding week in the amount of $8,800. Cash Accounts Receivable Jan. 15 27,000 Feb. 20 720 Apr. 25 12,500 22,400 May 12 9,500 May 12 12,500 Jun. 24 8,800 Jun. 5 End. Bal. End. Bal. Supplies Accounts Payable 720 Jan. 24 Jan. 24 720 Feb. 20 720 720 x End. Bal. 720 End. Bal. Common Stock Wages Expense Jan. 15 27,000 Jun. 24 8,800 End. Bal. 27,000 End. Bal. 8,800 Service Revenue Apr. 25 22,400 Jun. 5 9,500 End. Bal. 31,900 Feedback Rosenthal Decorating Inc. Trial Balance June 30, 2019 Account Debit Credit Cash $ II.1100 QUIII100 $ $

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