for April are provided for your review. a. Received contributions from investors and issued $200,000 of common stock on April 1 . b. Acquired a barn for $142,000. On April 2, the company paid half the amount in cash and signed a three-year note payable for the balance. c. Provided $16,000 in animal care services for customers on April 3, all on credit. d. Rented stables to customers who cared for their own animals; received cash of $13,000 on April 4 for rent earned this month. e. On April 5, received $1,500 cash from a customer to board her horse in May, June, and July (record as Deferred Revenue). t. Purchased and received hay and feed supplies on account on April 6 for $3,000. g. Paid $1,700 on accounts payable on April 7 for previous purchases. h. Received $1,000 from customers on April 8 on accounts receivable. i. On April 9, prepaid a two-year insurance policy for $3,600 for coverage starting in May- j. On April 28, paid $800 in cash for water and utilities used this month. k. Paid $14,000 in wages on April 29 for work done this month. L. Received an electric utility bill on April 30 for $1,200 for usage in April; the bill will be paid next month. Required: 1. Prepare the journal entry for each of the above transactions. 2. Post the transaction activity from requirement 1 to the T-Accounts below. All accounts begin with zero balances because this is the first month of operations. 3. Prepare an unadjusted trial balance as of April 30. 4-a. Refer to the revenues and expenses shown on the unadjusted trial balance. Based on this information, calculate preliminary net income and net profit margin. 4-b. Determine whether the net profit margin is better or worse than the 30.0 percent earned by a close competitor. Complete this question by entering your answers in the tabs below