The following T-accounts summarize the operations of Brilliant Minds Inc., a tutoring service, for April 2019.

Required:
1. Assuming that only one transaction occurred on each day (beginning on April 3) and that no dividends were paid, describe the transaction that most likely took place.
2. Prepare a trial balance at April 30, 2019.

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Stockholders' Equity Liabilities Assets Common Stock Cash Accounts Payable | 2,000 4/1 500 700 4/8 4/9 325 625 4/1 4/3 2,000 325 4/9 4/18 1,500 150 4/24 4/1 4/15 375 Notes Payable Retained Earnings | 2,000 4/3 4/11 140 675 4/1 Accounts Receivable 1,500 4/18 700 375 4/24 4/1 Supplies 4/11 4/1 4/15 900 140 150 Equipment 4/1 1,200 4/8 700