Assessing Financial Statement Effects of Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions for April follow. 1. Apr. 01 Roulstone contributed $18,400 cash to the business in exchange for common stock. 2. Apr. 02 Paid $9,760 cash for the purchase of a used truck. 3. Apr. 02 Purchased $9,920 of ladders and other equipment; the company paid $1,600 cash, with the balance due in 30 days. 4. Apr. 03 Paid $4,608 cash for two-year (or 24 -month) premium toward liability insurance. 5. Apr. 05 Purchased $1,920 of supplies on credit. 6. Apr. 05 Received an advance of $2,880 cash from a customer for roof repairs to be done during April and May. 7. Apr. 12 Billed customers $8,800 for roofing services performed. 8. Apr. 18 Collected $7,840 cash from customers toward their accounts billed on April 12 . 9. Apr. 29 Paid $1,080 cash for truck fuel used in April. 10. Apr. 30 Paid $160 cash for April newspaper advertising. 11. Apr. 30 Paid $7,200 cash for assistants' wages earned. 12. Apr. 30 Billed customers $6,400 for roofing services performed. a. Use the financial statement effects template to record the twelve transactions for April. Note: For each account category, indicate the appropriate account name. Enter " N/A " for any account category that is not used for a given transactio Note: Indicate a decrease in an account category by including a negative sign with the amount. b. Use the financial statement effects template to record the adjustments at the end of April. 1. Apr. 30 One month of insurance has expired. 2. Apr. 30 Supplies still available on April 30 amount to $320. 3. Apr. 30 Depreciation for April was $200 on the truck. 4. Apr. 30 Depreciation for April was $56 on equipment. 5. Apr. 30 One-fourth of roofing fee received on April 5 was earned by April 30