Company Name: Delta Manufacturing

1. Issued common stock for $60,000.
2. Purchased machinery for $25,000 cash.
3. Paid $2,200 for factory rent.
4. Sold goods on account for $12,000.
5. Paid $1,800 for utilities.
6. Received $8,000 from customers billed earlier.
7. Purchased raw materials for $1,700 on account.
8. Paid salaries of $3,000.
9. Paid $700 for advertising.
10. Borrowed $10,000 from a local bank.

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