The transactions for Crazy Curlz, Inc., for the month of June 2010 have been posted to the accounts as follows:

Requirements 1. Prepare the journal entries that served as the sources for the six transactions.
2. Calculate the balance in each account.
3. Prepare the trial balance for Crazy Curlz, Inc., at June 30, 2010.
4. Prepare a balance sheet for Crazy Curlz, Inc., as of June 30, 2010.

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Cash Supplies (1) 16,000 (4) 8,000 (2) 800 (4) Equipment 8,000 Building (3) 60,000 (5) 5,000 (6) 300 Accounts Payable (6) 300 (2) Notes Payable Common Stock 800 (5) 5,000 (3) 60,000 T(1) 16,000