Selected transactions from the journal of Teresa Gonzalez, investment broker, are presented below.

Instructions(a) Post the transactions to T accounts.(b) Prepare a trial balance at August 31,2010.

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Ref. Debit Account Titles and Explanation Date Credit Cash Teresa Gonzalez, Capital (Owner's investment of cash in business) Aug. 1 5,000 5,000 2,400 10 Cash Service Revenue 2,400 (Received cash for services provided) Office Equipment Cash Notes Payable (Purchased office equipment for cash and notes payable) Accounts Receivable 12 5.000 1,000 4,000 25 1,600 Service Revenue 1,600 (Billed clients for services provided) 31 Cash 900 900 Accounts Receivable (Receipt of cash on account)