Exercise 2-20A Part 3 3. Prepare a trial balance.

! Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [The following information applies to the questions displayed below.] Boilermaker House Painting Company Incurs the following transactions for September. 1. September 3 Paint houses in the current month for $13,000 on account. 2. September 8 Purchase painting equipment for $14,000 cash. 3. September 12 Purchase office supplies on account for $2,100. 4. September 15 Pay employee salaries of $2,800 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,100 cash. 6. September 22 Pay office rent of $4,000 for the current month. 7. September 26 Receive $8,000 from customers in (1) above. 8. September 30 Receive cash of $4,600 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 3 3. Prepare a trial balance. > Answer is complete but not entirely correct. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash $ 20,200 X Accounts Receivable 11,000 X Supplies 4,760 X Equipment 35,000 X Accounts Payable 5,300 Deferred Revenue 9,400 Common Stock 18,000 Retained Earnings 27,560 Service Revenue 27,000 Salaries Expense 4,000 X Advertising Expense 4,100 x Rent Expense 8,200 X Totals $ 87,260 $ 87,260