During the first month of operations (March 2010), Silver Entertainment Corporation completed the following selected transactions:
a. The business received cash of $32,000 and a building valued at $52,000. The corporation issued common stock to the stockholders.
b. Borrowed $35,800 from the bank; signed a note payable.
c. Paid $32,000 for music equipment.
d. Purchased supplies on account, $200.
e. Paid employees salaries, $2,300.
f. Received $1,700 for music service performed for customers.
g. Performed service for customers on account, $2,800.
h. Paid $100 of the account payable created in Transaction d.
i. Received a $900 bill for advertising expense that will be paid in the near future.
j. Received cash on account, $1,600.
k. Paid the following cash expenses:
(1) Rent, $1,200;
(2) Advertising, $800.

Requirements
1. Record each transaction directly in the T-accounts without using a journal. Use the letters to identify the transactions.
2. Prepare the trial balance of Silver Entertainment Corporation, at March 31, 2010.