Prepare the Trial Balance in the 10 column worksheet.

-The company started the month with Cash of $22305; Equipment (5 year property) of $40,000; Accumulated Depreciation $4,000; Accounts Payable $4,335, Capital $53970. Verify the amounts in T accounts

-During September they had the following transactions. Prepare Journal Entries and Post to T accounts:

-Sales to customers on account $55,375

-Customers paid $12,000 on their accounts

-Company purchased 1 year of Supplies for $12,000 cash

-Company has no Accts Payable at month end.

-They reduced balance to zero by paying cash.

-Company prepaid the annual insurance premium of $12,000

-The owner C Mason had $5,500 of draw

-The company incurred and paid cash for the following expenses

Rent $3500, Repairs $150, Wages $3,000, Travel expenses $4200, Utilities $150, Miscellaneous Expenses $750.