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 $10,500 on account. 2. September 8 Purchase painting equipment for $11,500 cash. 3. September 12 Purchase office supplies on account for $1,600. 4. September 15 Pay employee salaries of $2,300 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 $3,500 for the current month. 7. September 26 Receive $5,500 from customers in (1) above. 8. September 30 Receive cash of $4,100 in advance from a customer who plans to have his house painted in the following month. Exercise 2-20A Part 2 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $36,600; Accounts Receivable, $750; Supplies, $310; Equipment, $5,500; Accounts Payable, $650; Common Stock, $15,500; Retained Earnings, $27,010. All other accounts had a beginning balance of zero.