Journalizing transactions, posting journal entries to four-column accounts, and preparing a trial balance The trial balance of Steve Mentz, CPA, is dated March 31, 2017: During April, the business completed the following transactions: Apr. 4 Collected $1,000 cash from a client on account. 8 Performed tax services for a client on account, $5, 800. 13 Paid $1, 500 on account. 14 Purchased furniture on account, $4, 600. 15 Mentz contributed his personal automobile to the business in exchange for common stock. The automobile had a market value of $8,000. 18 Purchased office supplies on account, $500. 19 Received $2, 900 for tax services performed on April 8. 20 Paid cash dividends of $8,000. 21 Received $5.400 cash for consulting work completed. 24 Received $1.200 cash for accounting services to be completed next month. 27 Paid office rent, $700. 28 Paid employee salary, $1, 600