Journal entries and trial balanceElite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March $31,20$Y$3,$ follows:Elite RealtyUNADJUSTED TRIAL BALANCEMarch $31,20$Y$3$ACCOUNT TITLEDEBITCREDIT$1$Cash$26,300\mathrm{.}002$Accounts Receivable$61,500\mathrm{.}003$Prepaid Insurance$3,000\mathrm{.}004$Office Supplies$1,800\mathrm{.}005$Accounts Payable $14,000\mathrm{.}006$Alberto Harnish, Capital $46,000\mathrm{.}007$Alberto Harnish, Drawing$2,000\mathrm{.}008$Fees Earned $240,000\mathrm{.}009$Salary and Commission Expense$148,200\mathrm{.}0010$Rent Expense$30,000\mathrm{.}0011$Advertising Expense$17,800\mathrm{.}0012$Automobile Expense$5,500\mathrm{.}0013$Miscellaneous Expense$3,900\mathrm{.}0014$Totals$300,000\mathrm{.}00300,000\mathrm{.}00$The following business transactions were completed by Elite Realty during April $20$Y$3.$ Enter the transactions through the $23$rd on Page $18$ of the two$-$column journal:Apr$\mathrm{.}1$Paid rent on office for month, $$6,500\mathrm{.}2$Purchased office supplies on account, $$2,300\mathrm{.}5$Paid annual insurance premiums, $$6,000\mathrm{.}10$Received cash from clients on account, $$52,300\mathrm{.}15$Purchased land for a future building site for $$200,000,$ paying $$30,000$ in cash and giving a note payable for the remainder$\mathrm{.}17$Paid creditors on account, $$6,450\mathrm{.}20$Returned a portion of the office supplies purchased on April $2,$ receiving full credit for their cost, $$325\mathrm{.}23$Paid advertising expense, $$4,300.$Enter the following transactions on Page $19$ of the two$-$column journal:Apr$\mathrm{.}27$Discovered an error in computing a commission; received cash from the salesperson for the overpayment, $$2,500\mathrm{.}28$Paid automobile expense $($including rental charges for an automobile$),$ $$1,500\mathrm{.}29$Paid miscellaneous expenses, $$1,400\mathrm{.}30$Recorded revenue earned and billed to clients during the month, $$57,000\mathrm{.}30$Paid salaries and commissions for the month, $$11,900\mathrm{.}30$Withdrew cash for personal use, $$4,000\mathrm{.}30$Rented land purchased on April $15$ to local merchants association for use as a parking lot in May and June, during a street rebuilding program; received advance payment of $$10,000.$Required:$1.$Record the April $1,20$Y$3,$ balance of each account in the appropriate balance column of a four$-$column account, type Balance in the item section, and select a check mark in the Posting Reference column$\mathrm{.}2.$Journalize the transactions for April in a two$-$column journal beginning on Page $18\mathrm{.}3.$Post to the ledger, extending the account balance to the appropriate balance column after each posting$\mathrm{.}4.$Prepare an unadjusted trial balance of the ledger as of April $30,20$Y$3\mathrm{.}5.$Assume that the April $30$ transaction for salaries and commissions should have been $$19,100.($a$)$ Why did the unadjusted trial balance in $(4)$ balance? $($b$)$ Journalize the correcting entry on April $30.$