The following transactions take place in March 2017:

1. The owner starts the firm with $45,000 in cash on March 1, 2017.
2. A truck was bought for $21,000 cash on March 2, 2017.
3. Borrowed bank loan for $100,000 on March 3, 2017.
4. Rental received from a tenant for cash $900 on March 4, 2017.
5. Paid salaries by cash $4,000 on March 5, 2017.

Required:

1. Journalize all transactions.
2. Open and record the transactions in T-accounts.
3. Prepare a Trial Balance.
4. Prepare the financial statements.