Consider the following transactions for the first month of operations of a new small business called Crystal Clear Cleaning.

Required

1. Journalize the transactions, using the following accounts: Cash; Accounts Receivable; Cleaning Supplies; Prepaid Rent; Prepaid Insurance; Equipment; Truck; Accounts Payable; Unearned Revenue; Note Payable; A. Hideaway, Capital; A. Hideaway, Withdrawals; Service Revenue; Salaries Expense; Advertising Expense; and Utilities Expense. Explanations are not required.

2. Open a T-account for each account.

3. Post the journal entries to the T-accounts and calculate account balances.

4. Prepare an unadjusted trial balance as of November 30, 2022.

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Nov. 1 2 3 45 5 7 9 10 15 16 17 18 20 21 25 29 30 Aaron Hideaway invested $15,000 and a truck, with a market value of $3,000, in the business. The business paid $4,000 to Pleasant Properties for November through February rent. (Hint: Debit Prepaid Rent.) Paid $4,800 for a business insurance policy for the term November 1, 2022, through October 31, 2023. (Hint: Debit Prepaid Insurance.) Purchased cleaning supplies on account, $320. Purchased on account an industrial vacuum cleaner costing $1,500. The invoice is payable November 25. Paid $3,900 for a computer and printer. Performed cleaning services on account in the amount of $4,700. Received $200 for services rendered on November 9. Paid employees, $400. Received $15,000 for a 1-year contract beginning November 16 for cleaning services to be provided. Contract begins November 16, 2022, and ends November 15, 2023. (Hint: Credit Unearned Revenue.) Provided cleaning services and received $400 cash. Received a utility bill for $175 with a due date of December 4, 2022. Borrowed $36,000 from the bank and signed a note payable with interest rate of 6 percent per year. Received $500 on account for services performed on November 9. Paid $750 on account for vacuum cleaner purchased on November 5. Paid $200 for advertising. Aaron Hideaway withdrew cash of $1,400 from the business.