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Exercise 2-20 (Algo) Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2 - 6) Red River Painting Company incurs the following transactions for September. 1. Septenber 3 Paint houses in the current month for $10, wa on account, 2. Septenber B Purchase painting equipnent for $12, eee cash. 3. Septenber 12 Purchase of fice supplies on account for $1,520. 4. Septenber 15 Pay enployee salarles of $2,200 for the current nonth. 5. Septenber 19 Purchase advertising to appear in the current month for $1,100 cash. 6. Septenber 22 Pay offlce rent of $3,400 for the current nonth. 8. Septenber 30 Receive cash of $4, eee in advance from a cestoner who plans to have his bouse painted in the following month. Required: 1. Record each transaction. 2. Post each transaction to T-accounts and calculste the ending balance for each account. At the beginning of Septembec, the company had the following account balances: Cosh, \$36,100; Accounts Recelvable, \$700; Supplies, \$300; Equipment, \$5,400; Accounts Payable, \$600; Common Stock, \$15,000; Retained Earnings, $26,900. All other accounts had a beginning balonce of zero. 3. Prepore a tribl bolance. Complete this question by entering your answers in the tabs below. Post each transaction to Traccounts and calculate the ending balance for each account. At the beginning of Soptember, the company had the following account balances: Cash, \$36, 100; Accounts Rectivable, $700; Supplies, \$300; Ecuipmenk, \$5, 400 ; Accounts Payable, $600; Common 5tock, $15,000; Retained Earnings, $26,900. As other accounts had a beginning balance of zero. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following Cash, $36,100; Accounts Recelvable, $700; Supplies, $300; Equipment, $5,400; Accounts Payable, $600; Common Stock, $15,000; Retained Eamings, other accounts had a beginning balance of zero. action to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Accounts Recelvable, $700; Supplles, $300; Equipment, $5,400; Accounts Payable, $600; Common Stock, $15,000; Retained Eamings, $26,900, All had a beginning balance of zero. General Journal Trial Balanes Complete this question by entering your answers in the tabs below. Prepare a trial balance

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