Company Name: Beta Consulting Group

1. Issued common stock for $100,000.
2. Purchased a building for $70,000 cash.
3. Billed clients $15,000 for consulting services.
4. Paid $3,000 for office rent.
5. Received $10,000 from clients billed earlier.
6. Paid $2,500 for utilities.
7. Purchased office supplies for $1,200 on account.
8. Paid salaries of $5,000.
9. Paid $1,000 for advertising.
10. Borrowed $20,000 from the bank.

Requirement: Record the above transactions in the general journal and prepare a trial balance.