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All nine transactions for Ralston Sports Co. for September, the first month of operations, are recorded in the following T accounts: leso James Ralston, Capital

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All nine transactions for Ralston Sports Co. for September, the first month of operations, are recorded in the following T accounts: leso James Ralston, Capital (1) 25,000 Cash 25,000 (3) 12,500 11,9005) 7,600 9,700 6 10,500 (8) 7,000 Accounts Receivable (4) 9.900 19) 9,700 James Ralston, Drawing 7,000 (8) Supplies (3) 12,sod Fees Eamed (4) 9,900 11,900 (2) Equipment 9,500 Accounts Payable 7,600(2) Operating Expenses 10,500 I 9,500 1. Refer to Exhibit 1. Prepare a trial balance, listing the accounts in their proper order

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