I already completed exercise 2-5, but I need lots of help with exercise 2-6, please!!!

EXERCISE 2-5 (LO2) Using T-accounts Below are various transactions for the month of August, 2016, for BOLA Co. This is their first month of operations. 1. Issued share capital in exchange for $3,000 cash. 2. Received an invoice from the utilities company for electricity in the amount of $200. 3. Bank approved a loan and deposited $10,000 into the company's bank account. Exercises 77 4. Paid employee salaries in the amount of $2,000. 5. Received repair services worth $5,000 from a supplier in exchange for a note due in thirty days. 6. Completed service work for a European customer. Invoiced $8,000 EURO (European funds). The Canadian currency equivalent is $12,000 CAD. (hint: Recall the monetary unit principle.) 7. Completed $7,000 of service work for a customer on account. 8. Purchased $1,000 of equipment, paying cash. 9. Received $8,000 EURO (\$12,000 CAD) cash for service work done regarding item (6). 10. Rent of $5,000 cash was paid for the current month's rent. 11. Made a payment of $1,500 cash as a loan payment regarding item (3). The payment covered $150 for interest expense and the balance of the cash payment was to reduce the loan balance owing. 12. Reimbursed $25 in cash to an employee for use of his personal vehicle for company business for a business trip earlier that day. Required: Create a separate T-account for each asset, liability, equity, revenue and expense account affected by the transactions above. Record the various transactions debits and credits into the applicable T-account (similar to the two T-accounts shown in Section 2.1, under the heading T-accounts, for Cash and Accounts payable). Calculate and record the ending balance for each Taccount. (Hint: Include the reference to the transaction number for each item in the T-accounts, to make it easier to review later, if the accounts contain any errors.) 78 The Accounting Process EXERCISE 2-6 (LO3) Preparing a Trial Balance Required: Using the T-accounts prepared in EXERCISE 2-5, prepare an August 31, 2016, trial balance for the company based on the balances in the T-accounts