Accounting Cycle Instructions Chart Of Accounts General Journal T-Accounts Trial Balance Rosenthal Decorating Inc. is a commercial painting and decorating contractor that began operations in January 2019. The following transactions occurred during the year Wirmeceac:aine Rosenthal sold 500 shares of its common stock to WilliamHensley for S10,000. Rosenthal purchased $720 of painting supplies from Westwood Builders' Supply Company on account. Jan. 15 24 Feb. 20 Rosenthal paid $720 cash to Westwood Builders' Supply Company for the painting supplies purchased on January 24 Apr. 25 Rosenthal billed Bultman Condominiums $12,500 for painting and decorating services performed in April. May 12 Rosenthal received $12,500 from Bultman Condominiums for the painting and decorating work billed in April. Jun. 5 Rosenthal sent Arlington Builders a $9,500 bill for a painting job completed on that day. Jun. 24 Rosenthal paid wages for work performed during the preceding week in the amount of $6,700. Required: 1. Prepare a journal entry for each of the transactions. 2. Post the transactions to T-accounts. 3. Prepare a trial balance at June 30, 2019