complete ledger entries and creat trail balance for these transactions.

Transaction #1: On December 1, 2016, Mr. Donald Gray started Gray Electronic Repair Services by investing $10,000.

Transaction #2: On December 5, Gray Electronic Repair Services paid registration and licensing fees for the business, $370.

Transaction #3: On December 6, the company acquired tables, chairs, shelves, and other fixtures for a total of $3,000. The entire amount was paid in cash.

Transaction #4: On December 7, the company acquired service equipment for $16,000. The company paid a 50% down payment and the balance was a loan.

Transaction #5: Also on December 7, Gray Electronic Repair Services purchased service supplies on account amounting to $1,500.

Transaction #6: On December 9, the company received $1,900 for providing service to a client.

Transaction #7: On December 12, the company provided services to a client on account, $4,250.00.

Transaction #8: On December 14, Mr. Gray invested an additional $3,200.00 into the business.

Transaction #9 performed services to a big corporation on December 15. As per agreement, the $3,400 amount due will be collected after 30 days.

Transaction #10: On December 22, the company collected from the customer in transaction #7.

Transaction #11: On December 23, the company paid some of its liability in transaction #5 by issuing a check. The company paid $500 of the $1,500 payable.

Transaction #12: On December 25, the paid Mr Gray a 7,000 Dividend

Transaction # 13: On December 29, the company paid rent for December, $ 1,500.

Transaction #14: On December 30, the company acquired a $12,000 short-term bank loan; the entire amount plus a 10% interest is payable after 1 year.

Transaction #15: On December 31, the company paid salaries to its employees, $3,500.