Company Name: Eta Construction

1. Issued common stock for $110,000.
2. Purchased construction equipment for $60,000 cash.
3. Paid $4,000 for office rent.
4. Billed clients $30,000 for construction services.
5. Paid $2,500 for utilities.
6. Received $25,000 from clients billed earlier.
7. Purchased construction materials for $2,000 on account.
8. Paid salaries of $7,500.
9. Paid $1,200 for advertising.
10. Received $10,000 from a shareholder.

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