Ette Realty acts as an agent in buying, selling, renting, and managing real estate. The dusted trial balance on March 31, 2003, follows: Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2013 ACCOUNT TITLE 1 Cash CREDIT DEBIT 25,200.00 2 Accounts Receivable Prepaid Insurance 62,800.00 2,500.00 1,600.00 Omice Supplies 12.200.00 10,000.00 36,900.00 1,900.00 Accounts Payable 6 Common Stock 1 Regined amings 1 Dividends Fees Eamed 10 Stary and Commission Expense Rent Expense 11 Advertising Expense 13 Automobile Expense 14 Miscellaneous Expense 233.500.00 145,200.00 25,000.00 17.200.00 5.200.00 4100.00 292,700.00 292.700.00 The following business transactions were completed by Elite Realty during April 2013. Enter the transactions through the 23rd on Page 18 of the two-column journal . 1 2 5 10 15 Paid rent on office for month, $4,000 Purchased office supplies on account, $2,100. Paid insurance premiums, 56,100. Received cash from clients on account, $52,800 Purchased land for a future building site for $195,500, paying 527,000 in cash and giving a note payable for the remainder Paid creditors on account, 56,050 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, 5320. Paid advertising expense, S4,300 17 20 23 Enter the following transactions on Page 19 of the two-column journal: Apr. 27 28 29 30 Discovered an error in computing a commission received cash from the salesperson for the overpayment, $2.400 Paid automobile expense (including rental charges for an automobile), 51200. Paid miscellaneous expenses $1,300 Recorded revenue earned and billed to clients during the month, 558,000 Paid salaries and commissions for the month, 513 500 Paid dividends. 54.000. Rented and purchased on April 15 to local merchants association for use as a parking lot in May and June during a street rebuilding program received advance payment of 511 800 30 30 30 Required: 1. Record the April 1, 20Y3, balance of each account in the appropriate balance column of a four-column accounttype Balance in the item section, and select a check mark in the Posting Reference column 2. Joumalize the transactions for April in a nivo-column beginning on Page 18 Refer to the Chart of Accounts for exact wording of account titles Insert the appropriate posting references in both the journal and the ledger as each item is posted 3. Post to the fedor extending the account balance to the appropriate balance column after each posting Post in chronological order For transactions occurring on the same day post in the order presented in the instructions Insert the appropriate posting references in both the journal and the ledger as each item is posted you will receive Check My Work feedback PAGE 1 PAGE 1 JOURNAL Score 234/434 ACCOUNTING EQUATION DATE DESCRIPTION POST REF DEST Apr 1 Rent Expense CREDIT ASSETS Us 4,000.00 TOUTY + 2 5 4,000.00 2,100.00 1 Apr 2 Office Supplies Accounts Payable Apr 5 Prepaid Insurance Cash 2.100.00 5 1 6,100.00 + 6,100.00 1 Apr 10 Cash 52,800.00 1 Accounts Receivable 52,800.00 9 195,500.00 1 10 27000.00 11 168,500.00 6,050.00 11 Apt 15 Land Cash Non puble Apr. 11 Accounts Payable Cash Apt 20 Accounts Payable Fees med Apc25 Advertising Expense sh 5,050.00 + 14 320.00 15 52000 16 4,500.00 430000 My Work feedback PACE PAGE 19 JOURNAL Score: 234/434 ACCOUNTING EQUATION CATE DESCRIPTION POSTRE DET GEOT LAGUTIES FUITY Cash 400000 2 Accounts Payable 2,100.00 . 3 Prepaid Insurance Office Supplies 5 Land 5 Accounts Payable Notes Payable 1 5 10 11 11 14 Score: 1771 Elite Realty UNADJUSTED TRIAL BALANCE April 30, 2093 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Prepaid Insurance + Office Supplies 5 Land 6 Accounts Payable ? Uneamed Rent $ Notes Payable Common Stock 10 Retained Eamings 11 Dividends 12 Fees Eamed . 11 13 Salary and Commission Expense 14 Rent Expense 15 Advertising Expense 15 Automobile Expense 17 Miscellaneous Expense 13 16 Totals