Transaction Entries, Posting, Trial Balance, and Adjusting Entries Mark Gold opened Gold Roofing Service on April 1 Transactions for April are as follows 1 Gold contributed his personal funds in exchange for common stack to begin the business $15.000 2 Purchased a used truck for cash 100 3 Purchased ladders and other equipment for a total of 3,100 Paid cash of $1,000, with the balance due in 30 days 4 Paid two-year premium on lability insurance, 6000 5 Purchased supplies on account 1,200 6 Received an advance payment from a customer for roof repair work to be done in April and May 1.800 7 Billed customers for roofing services. 1,000 Collected on account from customers 6500 9 Paid bill for truck fuel used in Ape 75 10 Paid April newspaper advertising 300 11 Paid assistants wages 4500 12 Billed customers for roofing services. 5,000 Required a. Set up a general ledger with the following accounts: Cashc Accounts Receivable: Supplies; Prepaid Insurance; Trucks: Accumulated Depreciation-Trucks: Equipment; Accumulated Depreciation Equipment Accounts Payable; Unearned Roofing Fees: Common Stock Roofing Fees Earned: Fuel Expense: Advertising Expense, Wages Expense Insurance Expense: Supplies Expense: Depreciation i Expense-Trucks and Depreciation Expense-Equipment b. Record these transactions in the general journal and post to the ledger accounts c. Prepare an unadjusted trial balance as of April 30. d. Prepare the journal entries to adjust the books for insurance expense, supplies expense, depreciation expense on the truck, depreciation expense on the equipment, and roofing fees earned Supplies on hand on April 30 amounted to $950. Depreciation for April was $155 on the truck and $35 on the equipment. One-fourth of the roofing fee received in advance was earned by April 30 Post the adjusting entries Taccounts Unadjusted Trial Balance Adjusted Journal Entries GOLD ROOFING SERVICE Unadjusted Trial Balance April 30 Debit Credit Cash $ 0 $ 0 Accounts Receivable 0 0 Supplies 0 0 Prepaid Insurance 0 0 Trucks 0 0 Equipment 0 0 Accounts Payable 0 0 Unearned Roofing Fees 0 0 Common Stock 0 0 Roofing Fees Earned 0 0 Fuel Expense 0 0 Advertising Expense 0 0 Wages Expense 0 0 Totals $ 0 $ 0