During the first month of operations (August 2018), Smolt Music Services Corporation completed the following selected transactions (Click the icon to view the transaction data.) Read the requirements Requirements Requirement 1. Record each transaction directly in the T-accounts without using a journal. Use the Enter each transaction. Then calculate the ending balance for each account by selecting "Bal" on t 1. Record each transaction directly in the T-accounts without using a journal. Use credit as o the letters to identify the transactions. Determine the ending balance in each account. Cash Common Stock 2. Prepare the trial balance of Smolt Music Services Corporation at August 31 2018 Print Done More Info Accounts Receivable Service Revenue The business received cash of $54,000 and a building with a fair value of 596,000. The corporation issued common stock to the stockholders. Borrowed $64,000 from the bank; signed a note payable Paid $44,000 for music equipment Purchased supplies on account, $370 Paid employees' salaries, $6,500 Received $3,600 for music services performed for customers. Performed services for customers on account, $13,100 Paid $250 of the account payable created in transaction d Received a(n) $500 bill for utilities expense that will be paid in the near future. a. b. c. d. e. f. g. h. i. Supplies Salary Expense j. Received cash on account, $1,200 k. Paid the following cash expenses: (1) rent, $1,000; 2 advertising, $400 Music Equipment Rent Expense Print Done Choose from any list or enter any number in the input fields and then click Check