Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions.

1. January 1	Issue 10,000 shares of common stock in exchange for $39,000 in cash.
2. January 5	Purchase land for $22,500. A note payable is signed for the full amount.
3. January 9	Purchase storage container equipment for $8,700 cash.
4. January 12	Hire three employees for $2,700 per month.
5. January 18	Receive cash of $12,700 in rental fees for the current month.
6. January 23	Purchase office supplies for $2,700 on account.
7. January 31	Pay employees $8,100 for the first month's salaries.

Required: 1. Record each transaction. 2. Post each transaction to T-accounts and calculate the ending balance for each account. For each posting, indicate the corresponding transaction number and the appropriate transaction amount. Since this is the first month of operations, all T-accounts have a beginning balance of zero. 3. Prepare a trial balance.