Sunny Valley Stables Inc. was established on April 1. The company provides stables, care for animals, and grounds for riding and showing horses. You have been hired as the new assistant financial controller. The following transactions for April are provided for your review. 1. & 2. Record in the T-accounts the effects of each transaction for Sunny Valley Stables In April, referencing each transaction in the accounts with the transaction letter. All accounts begin with zero balances. Show the unadjusted ending balances in the T-accounts. Beg. bal. Cash Accounts Receivable. Beg. bal. End. bal. End. bal. Supplies Prepaid Insurance Beg. bal. Beg. bal. 3. Prepare an unadjusted trial balance as of April 30. SUNNY VALLEY STABLES, INC. Unadjusted Trial Balance a. Received contributions from five investors of $320,000 in cash ($64,000 each). c. Provided $17,660 in animal care services for customers, all on credit. d. Rented stables to customers who cared for their own animals; received cash of $15,360. End. bal. End. ball Barns Accounts Payable Beg. bal. Beg. bal. Account Titles Cash b. Built a barn for $190,000; paid half the amount in cash on April 1 and signed a three-year note payable for the balance. Accounts receivable. Supplies End. bal. End. bal. Prepaid insurance Barns Deferred Revenue Long-term Notes Payable Beg. ball Beg. bal. e. Received from a customer $2,100 to board her horse in May, June, and July (Record as Deferred Revenue). f. Purchased hay and feed supplies on account for $3,810. g. Paid $1,080 in cash for water utilities incurred in the month. h. Paid $2,060 on accounts payable for previous purchases. i. Received $1,240 from customers on accounts receivable. j. Paid $4,960 in wages to employees who worked during the month. k. At the end of the month, prepaid a two-year insurance policy for $4,560. I. Received an electric utility bill for $1,440 for usage in April; bill will be paid next month. Required: 1. & 2. Record in the T-accounts the effects of each transaction for Sunny Valley Stables in April, referencing each transaction in the accounts with the transaction letter. All accounts begin with zero balances. Show the unadjusted ending balances in the T-accounts. Accounts payable Deferred revenue Long-term notes payable Contributed capital Animal care service revenue Rental revenue End. bal. End. bal. Contributed Capital Animal Care Service Revenue Utilities expense Beg. bal. Beg. bal. Wages expense Totals End. bal. End. ball Rental Revenue Utilities Expense Beg. bal. Beg. ball End. bal. End. bali Wages Expense Beg. bal. End. ball At April 30 Debit Credit