Journalize the Transactions, Post the transactions to T-accounts, and Prepare a trial balance at October 31,2017

Exercise 3-18 Novak Corp. provides security services. Selected transactions for Novak Corp. are presented below. Oct. 1 Issued common stock in exchange for $62,000 cash from investors. 2 Hired part-time security consultant. Salary will be $1,900 per month. First day of work will be October 15 4 Paid 1 month of rent for building for $1,900 7 Purchased equipment for $16,900, paying $3,800 cash and the balance on account. 8 Paid $500 for advertising. 10 Received bill for equipment repair cost of $370. 12 Provided security services for event for $3,000 on account. 16 Purchased supplies for $390 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $139 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4,800