The following events apply to Equipment Services Incorporated in its first year of operation: 1. Acquired $60,000 cash from the issue of common stock. 2. Received an $8,200 cash advance for services to be provided in the future. 3. Purchased $2,000 of supplies on account. 4. Earned $36,000 of service revenue on account. 5. Incurred $16,100 of operating expenses on account. 6. Collected $28,500 cash from accounts receivable. 7. Made a $15,100 payment on accounts payable. 8. Paid a $2,000 cash dividend to stockholders. 9. Recognized $1,600 of supplies expense. 10. Recorded $3,100 of accrued salaries expense. 11. Recognized $3,100 of revenue for services provided to the customer in Event 2 . Required o. Record the events in T-accounts and determine the ending account balances. b. Test the equality of the debit and credit balances of the T-accounts by preparing a trial balance. Complete this question by entering your answers in the tabs below. Record the events in T-accounts and determine the ending account balances. \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|c|}{ EQUIPMENT SERVICES, INCORPORATED } \\ \hline \multicolumn{1}{|c|}{ Trial Balance } \\ \hline As of December 31 year 1 & Debit & Credit \\ \hline Acount Titles & \\ \hline Totals & & \\ \hline \end{tabular} The following events apply to Equipment Services Incorporated in its first year of operation: 1. Acquired $60,000 cash from the issue of common stock. 2. Received an $8,200 cash advance for services to be provided in the future. 3. Purchased $2,000 of supplies on account. 4. Earned $36,000 of service revenue on account. 5. Incurred $16,100 of operating expenses on account. 6. Collected $28,500 cash from accounts receivable. 7. Made a $15,100 payment on accounts payable. 8. Paid a $2,000 cash dividend to stockholders. 9. Recognized $1,600 of supplies expense. 10. Recorded $3,100 of accrued salaries expense. 11. Recognized $3,100 of revenue for services provided to the customer in Event 2 . Required o. Record the events in T-accounts and determine the ending account balances. b. Test the equality of the debit and credit balances of the T-accounts by preparing a trial balance. Complete this question by entering your answers in the tabs below. Record the events in T-accounts and determine the ending account balances. \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|c|}{ EQUIPMENT SERVICES, INCORPORATED } \\ \hline \multicolumn{1}{|c|}{ Trial Balance } \\ \hline As of December 31 year 1 & Debit & Credit \\ \hline Acount Titles & \\ \hline Totals & & \\ \hline \end{tabular}