TRIAL BALANCE

1. Record each transaction

2. Post each transaction to the appropriate T-account

3. Calculate the balance of each account at September 30.

4. Prepare the trial balance as of September 30.

Accounts Cash Accounts Receivable Supplies Land Accounts Payable Notes Payable Common Stock Retained Earnings Debits $6. 2. 7,600 11,200 $7,500 3,000 9,000 8,300 The following transactions occur in September September 1 Provide services to customers for cash, $4,700 September 2 Purchase land with a long-term note for $6,400 from Crimson Company. Receive an invoice for $500 from the local newspaper for an advertisement that appeared on September 2 September 4 September 8 Provide services to customers on account for $6,000 September 10 Purchase supplies on account for $1.100 September 13 Pay $4,000 to Crimson Company for a long-term note September 18 Receive $5,000 from customers on account September 20 Pay $900 for September's rent September 30 Pay September's utility bill of $2,000 September 30 Pay employees $4 000 for salaries for the month of September Pay a cash dividend of $1.100 to shareholders September 30