During the first month of operations $($January $2023),$ Sargum Services Ltd$.$ completed the following selected transactions:

a$)$ The business has cash of $$10,000$ and a building valued at $$50,000.$ The corporation issued common shares to the shareholders.

b$)$ Borrowed $$50,000$ from the bank, and signed a note payable.

c$)$ Paid $$60,000$ for music equipment.

d$)$ Purchased supplies on account, $$1,000.$

e$)$ Paid employees$$ salaries, $$1,500.$

f$)$ Received $$800$ for service performed for customers.

g$)$ Performed service to customers on account, $$4,500.$

h$)$ Paid $$100$ of the account payable created in transaction $($d$).$

i$)$ Received a $$600$ utility bill that will be paid in the near future.

j$)$ Received cash on account, $$3,100.$

k$)$ Paid the following cash expenses: rent, $$1,000$; advertising, $$800.$

Requirements

$1.$ Prepare the general journal entries, in chronological order, from the general ledger entries shown.

$2.$ Prepare the trial balance of Sargum Services Ltd$.$ at January $31,2023.$