Analyze and Journalize the transactions for April.

Apr. 1 The following assets were received from Kelly Pitney in exchange for common stock: cash, $13,100; accounts receivable, $3,000; supplies, $1,400; and office equipment, $12,500. There were no liabilities received.

Apr. 1 Paid three months’ rent on a lease rental contract, $4,800.

Apr. 2 Paid the premiums on property and casualty insurance policies, $1,800.

Apr. 4 Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $5,000.

Apr. 5 Purchased additional office equipment on account from Office Station Co., $2,000.

Apr. 6 Received cash from clients on account, $1,800.

Apr. 10 Paid cash for a newspaper advertisement, $120.

Apr. 12 Paid Office Station Co. for part of the debt incurred on April 5, $1,200.

Apr. 12 Recorded services provided on account for the period April 1 – 12, $4,200.

Apr. 14 Paid part-time receptionist for two weeks’ salary, $750.

Apr. 17 Recorded cash from cash clients for fees earned during the period April 1 – 16,
$6,250.

Apr. 18 Paid cash for supplies, $800.

Apr. 20 Recorded services provided on account for the period April; 13 – 20, $2,100.

Apr. 24 Recorded cash from cash clients for fees earned for the period April 17 – 24, $3,850.

Apr. 26. Received cash from clients on account, $5,600.

Apr. 27 Paid part-time receptionist for two weeks’ salary, $750.

Apr. 29 Paid telephone bill for April, $130.

Apr. 30 Paid electricity bill for April, $200.

Apr. 30 Recorded cash from cash clients for fees earned for the period April 25 – 30, $3,050.

Apr. 30 Recorded services provided on account for the remainder of April, $1,500.

Apr 30 Paid dividends, $6,000.

Step 2 Post transactions to the ledger.

Step 3 Prepare an unadjusted trial balance.

Step 4 Assemble and analyze adjustm