S Virtual Golf Corporation operates indoor golf simulators that allow individual customers and golf club members to experience courses like Pebble Beach and Augusta without leaving their own neighbourhoods. Its stores are located in rented space in malls and shopping centres. During its first month of business, which ended April 30, Virtual Golf Corporation completed seven transactions with the dollar effects indicated in the following schedule: Check my work Assets Book Accounts Cash Accounts Receivable Accounts Supplies Equipment Payable Liabilities Deferred Revenue + Shareholders' Equity Contributed Capital Retained Earnings Print Beginning balance $ e $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ a ferences +100,000 +100,000 b -30,000 +30,000 C -200 +1,000 +800 d +9,000 +1,000 e -1,000 f +1,200 Sales Revenue +10,000 Wages Expense -1,000 Utilities Expense -1,200 g +2,000 +2,000 Ending balance $ 79,800 $ 1,000 $ 1,000 $ 30,000 $ 2,000 $ 2,000 $ 100,000 Required: NOW Required: 1. Select the brief explanation for the transactions (a) through (g). Transaction a S C d e f Issued shares to shareholders for $100,000 cash. Purchased equipment for $30,000 cash. Purchased equipment for $100,000 cash. Brief Explanation Paid $1,000 in wages to employees for work done this month. g Novt 2. Using the ending balance in each account, prepare an unadjusted trial balance for Virtual Golf Corporation on April 30. VIRTUAL GOLF CORPORATION Unadjusted Trial Balance At April 30 Account Titles Book rint rences Debit Credit 0 0 Total