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The following events apply to Complete Business Service in Year 1, its first year of operations: 1. Recelved $33,000 cash from the issue of common

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The following events apply to Complete Business Service in Year 1, its first year of operations: 1. Recelved $33,000 cash from the issue of common stock. 2. Earned $28,000 of service revenue on account. 3. Incurred $11,500 of operating expenses on account. 4. Received $21,500 cash for performing services. 5. Paid $9,500 cash to purchase land. 6. Collected $23,500 of cash from accounts receivable. 7. Received a $6,300 cash advance for services to be provided in the future. 8. Purchased $1,050 of supplies on account. 9. Made a $9,000 payment on accounts payable. 0. Paid a \$5,300 cash dividend to the stockholders. 1. Recognized $620 of supplies expense. 2. Recognized $5,150 of revenue for services provided to the customer in Event 7. Required a. Record the events in the general journal. b. Post the events to T-accounts. c. Test the equality of the debit and credit balances of the T-accounts by preparing a trial balance

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