Required information Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [The following information applies to the questions displayed below.] Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $20,000 on account. 2. September 8 Purchase painting equipment for $21,000 cash. 3. September 12 Purchase office supplies on account for $3,500. 4. September 15 Pay employee salaries of $4,200 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,000 cash. 6. September 22 Pay office rent of $5,400 for the current month. 7. September 26 Receive $15,000 from customers in (1) above. 8. September 30 Receive cash of $6,000 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 3 3. Prepare a trial balance. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash Accounts Receivable 6,700 Supplies 4,000 Equipment 28,400 Accounts Payable 4,700 Deferred Revenue Common Stock 25,000 Retained Earnings Service Revenue Salaries Expense 4,200 Advertising Expense 1,000 Rent Expense 5,400 Totals $ 49,700 $ 29,700