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Rosenthal Decorating Inc. is a commercial painting and decorating contractor that began operations in January 2019. The following transactions occurred during the year: a. On

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Rosenthal Decorating Inc. is a commercial painting and decorating contractor that began operations in January 2019. The following transactions occurred during the year: a. On January 15, Rosenthal sold 500 shares of its common stock to William Hensley for $25,000 b. On January 24, Rosenthal purchased $720 of painting supplies from Westwood Builders' Supply Company on account c. On February 20, Rosenthal paid $720 cash to Westwood Builders' Supply Company for the painting supplies purchased on January 24 d. On April 25, Rosenthal billed Bultman Condominiums $13,400 for painting and decorating services performed in April. e. On May 12, Rosenthal received $12,500 from Bultman Condominiums for the painting and decorating work billed in April. f. On June 5, Rosenthal sent Arlington Builders a $9,500 bill for a painting job completed on that day. 9. On June 24, Rosenthal paid wages for work performed during the preceding week in the amount of $10,300. 3. Prepare a trial balance at June 30, 2019. If an amount box does not require an entry, leave it blank. Rosenthal Decorating Inc. Trial Balance June 30, 2019 Account Debit Credit Cash Accounts Receivable Supplies 720 Accounts Payable Common Stock 25,000 Wages Expense Wages Expense 22,900

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