The following events apply to Complete Business Service in Year 1, its first year of operations: 1. Received $47,000 cash from the issue of common stock. 2. Earned $42,000 of service revenue on account. 3. Incurred $18,500 of operating expenses on account. 4. Received $28,500 cash for performing services. 5. Paid $16,500 cash to purchase land. 6. Collected $30,500 of cash from accounts receivable. 7. Received a $7,700 cash advance for services to be provided in the future. 8. Purchased $1,750 of supplies on account. 9. Made a $16,000 payment on accounts payable. 0. Paid a $6,700 cash dividend to the stockholders. 11. Recognized $1,180 of supplies expense. 2. Recognized $5,850 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.