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Required information [The following information applies to the questions displayed below.) Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the has the following transactions. stoc 5.500, 2 Corage 1. January 1 Issue 10,000 shares of common stock in exchange for $25,000 in cash. 2. January 5 Purchase land for $15,500. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $7,300 cash. 4. January 12 Hire three employees for $1,300 per month. 5. January 18 Receive cash of $11,300 in rental fees for the current month. 6. January 23 Purchase office supplies for $1,300 on account. 7. January 31 Pay employees $3,900 for the first month's salaries. 3. Prepare a trial balance. Credit GREEN WAVE COMPANY Trial Balance Accounts Debit Cash $ 25,000 Supplies 1,300 Land 15,000 Equipment 7,300 Accounts Payable Notes Payable Common Stock Service Revenue Salaries Expense 3,900 Totals $ 52,500 1,300 15,000 25,000 11,300 $ 52,600