Transaction Analysis and Trial Balance Stock; Dividends; Legal Fees Earned; Salaries Expense; Rent Expense; and Utilities Expense. identifying the transaction. Determine the balance in each account and prepare a trial balance sheet as of October $31.$

$\backslash$table$[[1,$Jennings started his law practice by contributing $$21,500$ cash to the business on October $1,$ receiving shares of common stock in the company.$],[2,$Purchased office equipment on account, $$11,400$