A. Record events in the general journal.

B. Post the events to T-accounts and determine the ending account balances.

C. Test the equality of the debit and credit balances for the T-Accounts by preparing a trial balance.

Determine the amount of total assets at the end of 2014. Determine the amount of net income for 2014. c. d. Appendix 1-3 Recording events in the general journal, posting to T-accounts, and preparing a trial balance The following events apply to Complete Business Service in 2014, its first year of operations 1. Received $30,000 cash from the issue of common stock. 2. Earned $25,000 of service revenue on account. 3. Incurred $10,000 of operating expenses on account. 4. Received $20,000 cash for performing services. 5. Paid $8,000 cash to purchase land. 6. Collected $22,000 of cash from accounts receivable. 7. Received a $6,000 cash advance for services to be provided in the future. 8. Purchased $900 of supplies on account. 9. Made a S7,500 payment on accounts payable. 10. Paid a $5,000 cash dividend to the stockholders. 11. Recognized $500 of supplies expense 12. Recognized $5,000 of revenue for services provided to the customer. Event 7