Virtual Golf Center, owned by Mike McCall, operates indoor golf simulators that allow individual customers and golf club members to experience courses such as Pebble Beach and Augusta without leaving their own neighborhood. Its stores are located in rented space in malls and shopping centers. During its first month of business ended April 30, 2009, Virtual Golf Center completed eight transactions with the dollar effects indicated in the following schedule:

Required:
1. Write a brief explanation of transactions (a) through (h). Include any assumptions that you made.
2. Compute the ending balance in each account and prepare an unadjusted trial balance for Virtual Golf Center on April 30, 2009.

Assets Liabilities Owner's Equity Accounts Accounts Unearned Cash Receivable Supplies EquipmentPayable Revenue M. McCall, Capital Beginning Balance +100,000 200 -1,000 +2,000 +100,000 +30,000 +1,000 +800 +9,000 +1,000 +10,000 Sales Revenue 1,000 Wages Expense -1,200 Utilities Expense +1,200 +2,000 5,000 5,000 M. McCall, Drawing