Selected transactions from the journal of Marigold Corp., are presented below.

Date Account Titles and Explanation Debit Credit Aug. 1 Cash 42,900 Common Stock 42,900 (Investment of cash for stock) 10 Cash 19,305 Service Revenue 19,305 (Received cash for services performed) 12 Equipment 35,750 Cash 5,720 Notes Payable 30,030 (Purchased office equipment for cash and notes payable) 25 Account Receivable 11,440 Service Revenue 11,440 (Billed clients for services performed) 31 Cash 6,292 Accounts Receivable 6,292 (Receipt of cash on account)\fMarigold Corp. Trial balance Debit Credit Cash S S Accounts Receivable Equipment Notes Payable Common Stock Service Revenue Totals