Greenstream Painting Company incurs the following transactions for September. Greenstream Painting Company incurs the following transactions for September.

September $3$ Paint houses in the current month for $$11,000$ on account.

September $8$ Purchase painting equipment for $$12,000$ cash.

September $12$ Purchase office supplies on account for $$1,700.$

September $15$ Pay employee salaries of $$2,400$ for the current month.

September $19$ Purchase advertising to appear in the current month for $$1,200$ cash.

September $22$ Pay office rent of $$3,600$ for the current month.

September $26$ Receive $$6,000$ from customers in $(1)$ above.

September $30$ Receive cash of $$4,200$ in advance from a customer who plans to have his house painted in the following month.

Required:

Record each transaction.

Post each transaction to T$-$accounts and calculate the ending balance for each account. At the beginning of September, the

company had the following account balances: Cash, $$37,100$; Accounts Receivable, $$800$; Supplies, $$320$; Equipment, $$5,600$;

Accounts Payable, $$700$; Common Stock, $$16,000$; Retained Earnings, $$27,120.$ All other accounts had a beginning balance of zero.

Prepare a trial balance.

September $3$ Paint houses in the current month for $$11,000$ on account.

September $8$ Purchase painting equipment for $$12,000$ cash.

September $12$ Purchase office supplies on account for $$1,700.$

September $15$ Pay employee salaries of $$2,400$ for the current month.

September $19$ Purchase advertising to appear in the current month for $$1,200$ cash.

September $22$ Pay office rent of $$3,600$ for the current month.

September $26$ Receive $$6,000$ from customers in $(1)$ above.

September $30$ Receive cash of $$4,200$ in advance from a customer who plans to have his house painted in the following month.

Required:

Record each transaction.

Post each transaction to T$-$accounts and calculate the ending balance for each account. At the beginning of September, the

company had the following account balances: Cash, $$37,100$; Accounts Receivable, $$800$; Supplies, $$320$; Equipment, $$5,600$;

Accounts Payable, $$700$; Common Stock, $$16,000$; Retained Earnings, $$27,120.$ All other accounts had a beginning balance of zero.

Prepare a trial balance.