Please read the transaction of FunSun. Co and use the template provided to:

• Pass the journal entries for transactions given
• Prepare the various t-account
• Prepare the trial balance
• Explain the uses of journal and ledger accounts.

Date	Transaction
April 1:	Commenced business with $35,000 of common stock for cash $35,000
April 2	Purchased Office supply for $ 1,100 on account
April 5	Billed customers $ 10,000 on the account.
April 12	Purchased a delivery van for $ 7,000 on loan.
April15	Paid rent for $ 5,000.
April 16	Paid Salaries to employees $4,000
April 17	Cash sales for $ 2,000
April 20	Paid insurance for one-year policy $1,800.
April 20	Paid the loan on van $1,000
April 21	Collected $ 9,000 for the bill on April 5.
April 25	Return office supply purchased on April 2 $ 100
April 27	Purchased additional furniture by paying cash for $ 2,000.
April 29	Cash withdrawal for personal use $ 1,000
Additional entries:
(a)	Depreciation for the month of April on van 5%
(b)	Accrued but unpaid employee salaries were $500
(c)	Earned but unbilled fees at October 31 were $600
(d)	One-twelfth of the insurance expired
(e)	Paid Dividend $,1000