Boilermaker House Painting Company incurs the following transactions for September.
1. September 3 Paint houses in the current month for $20,000 on account.
2. September 8 Purchase painting equipment for $21,000 cash.
3. September 12 Purchase office supplies on account for $3,500.

4. September 15 Pay employee salaries of $4,200 for the current month.
5. September 19 Purchase advertising to appear in the current month for $1,000 cash.
6. September 22 Pay office rent of $5,400 for the current month.
7. September 26 Receive $15,000 from customers in (1) above.
8. September 30 Receive cash of $6,000 in advance from a customer who 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, Deferred 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, $46,100;
Accounts Receivable, $1,700; 

Supplies, $500; Equipment, $7,400;

Accounts Payable, $1,200;
Common Stock, $25,000; 

Retained Earnings, $29,500. All other accounts had a beginning balance of zero.

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