create a Trial balance and Ledger

During its first month of operation, the Bethany's Bicycle Corporation, which specializes in bicycle repairs, completed the following transactions. Date March 1 March 1 March 1 March 3 March Transactions Transaction Description Began business by making a deposit in a company bank! account of $20,000, in exchange for 2,000 shares of $10 par value common stock. Paid the premium on a 1-year insurance policy. $2,400. Paid the current month's store rent expense, $1,900. Purchased repair equipment from Andrew Company, $5,800. Paid $1,000 down and the balance was placed on account. Payments will be $400.00 per month for 12 months. The first payment is due 4/1. Note: Use Accounts Payable for the Balance Due. Purchased repair supplies from Jackson Company on credit, $650. Paid telephone bill for March, $340. Cash bicycle repair revenue for the first third of March $1,650. Made payment to Jackson Company, $400. March 8 March 10 March 11 March 18 ... Project Instructions March Transactions Chart of Accounts 1 - Journal Entries BU J During its first month or operation, LIIC DEL March 20 March 31 Cash bicycle repair revenue for the second third of March $2,450 Cash bicycle repair revenue for the last third of March, $1,250. Paid the current month's electice bill, $250. Declared and paid cash dividend of $1,000. March 31 March 31