Problem 2-2B Preparing and posting journal entries; preparing a trial balance PI A1 At the beginning of April, Bernadette Grechus launched a custom computer solutions company called Softworks. The company had the following transactions during April. 1. B. Grechus invested $65,000 cash, office equipment with a value of $5,750, and $30,000 of computer equipment in the company in exchange for common stock. 5. The company purchased land worth $22,000 for an office by paying $5,000 cash and signing a note payable for $17,000. The company purchased a portable building with $34,500 cash and moved it onto the land acquired in b. 1. The company paid $5,000 cash for the premium on a two-year insurance policy. . The company provided services to a client and immediately collected $4,600 cash. The company purchased $4,500 of additional computer equipment by paying $800 cash and signing a note payable for $3,700. The company completed $4,250 of services for a client. This amount is to be received within 30 days. 1. The company purchased $950 of additional office equipment on credit. The company completed $10,200 of services for a customer on credit. The company purchased $580 of TV advertising on credit.