Boilermaker House Painting Company incurs the following transactions for September.

1. Paint houses in the current month for $25,300 on account.

2. Purchase painting equipment for $12,600 cash.

3. Purchase office supplies on account for $1,200.

4. Pay workers’ salaries of $3,700 for the current month.

5. Purchase advertising to appear in the current month for $2,050 cash.

6. Pay office rent of $3,900 for the current month.

7. Receive $22,800 from customers in (1) above.

8. Receive cash of $9,400 in advance from a customer that plans to have his house painted in the following month.

Required:

1. Record each transaction. Boilermaker uses the following accounts: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Unearned Revenue, Common Stock, Retained Earnings, Service Revenue, Salaries Expense, Advertising Expense, and Rent Expense.

2. Post each transaction to T-accounts and compute the ending balance of each account. At the beginning of September, the company had the following account balances: Cash, $19,000; Accounts Receivable, 3,000; Supplies, $300; Equipment, $5,100; Accounts Payable, $3,600; Common Stock, $15,000; Retained Earnings, $8,800. All other accounts had a beginning balance of zero.

3. After calculating the ending balance of each account, prepare a trial balance.