Selected transactions from the journal of Kati Tillman, investment broker, are presented below.

Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)

Prepare a trial balance at August 31, 2015.

Date Aug. 1 Cash Account Titles and Explanation Ref.Debit Credit 34,800 Common Stock 34,800 (Investment of cash for stock) 10 Cash 15,660 Service Revenue 15,660 (Received cash for services performed) 12 Equipment 29,000 Cash Notes Payable 4,640 24,360 (Purchased office equipment for cash and notes payable) 25 Account Receivable Service Revenue 9,280 9,280 (Billed clients for services performed) 31 Cash 5,104 Accounts Receivable 5,104 (Receipt of cash on account)