Required information [The following information applies to the questions displayed below.) During January, Central Storage Company has the following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $33,000 in cash. 2. January 5 Purchase land for $19,500. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $8,100 cash. 4. January 12 Hire three employees for $2,100 per month. 5. January 18 Receive cash of $12,100 in rental fees for the current month. 6. January 23 Purchase office supplies for $2,100 on account. 7. January 31 Pay employees $6,300 for the first month's salaries. 3. Prepare a trial balance. Credit CENTRAL STORAGE COMPANY Trial Balance Accounts Debit Cash $ 33,000 Supplies 2,100 Land 19,500 Equipment 8.100 Accounts Payable Notes Payable Common Stock Service Revenue Salaries Expense 6,300