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Rosenthal Decorating Inc. is a commercial painting and decorating contractor that began operations in January 2019. The following transactions occurred during the year:

Transactions:
Jan.	15	Rosenthal sold 500 shares of its common stock to WilliamHensley for $10,000.
	24	Rosenthal purchased $720 of painting supplies from Westwood Builders Supply Company on account.
Feb.	20	Rosenthal paid $720 cash to Westwood Builders Supply Company for the painting supplies purchased on January 24.
Apr.	25	Rosenthal billed Bultman Condominiums $12,500 for painting and decorating services performed in April.
May	12	Rosenthal received $12,500 from Bultman Condominiums for the painting and decorating work billed in April.
Jun.	5	Rosenthal sent Arlington Builders a $9,500 bill for a painting job completed on that day.
Jun.	24	Rosenthal paid wages for work performed during the preceding week in the amount of $6,700.

	Required:
1.	Prepare a journal entry for each of the transactions.
2.	Post the transactions to T-accounts.
3.	Prepare a trial balance at June 30, 2019. CHART OF ACCOUNTS Rosenthal Decorating Inc. General Ledger ASSETS 111 Cash 121 Accounts Receivable 122 Notes Receivable 123 Supplies 124 Prepaid Insurance 125 Prepaid Rent 126 Inventory 131 Land 132 Buildings 133 Equipment 134 Furniture 135 Trucks 139 Accumulated Depreciation LIABILITIES 211 Accounts Payable 212 Notes Payable 213 Income Taxes Payable 214 Wages Payable 215 Utilities Payable 216 Insurance Payable 217 Interest Payable 218 Rent Payable 219 Unearned Service Revenue 231 Bonds Payable EQUITY 311 Common Stock 321 Retained Earnings 331 Dividends REVENUE 411 Sales Revenue 412 Service Revenue 413 Interest Income EXPENSES 511 Cost of Goods Sold 512 Advertising Expense 513 Supplies Expense 514 Utilities Expense 515 Rent Expense 516 Insurance Expense 517 Repairs and Maintenance Expense 521 Wages Expense 531 Interest Expense 532 Depreciation Expense 533 Income Taxes Expense X General Journal 1. Prepare a journal entry of the transactions on Rosenthal Decorating Inc. Post the transactions to T-accounts. 3. Prepare a trial balance at June 30, 2019. none X Chart Of Accounts CHART OF ACCOUNTS Rosenthal Decorating Inc. General Ledger ASSETS 111 Cash 121 Accounts Receivable 122 Notes Receivable 123 Supplies 124 Prepaid Insurance 125 Prepaid Rent 126 Inventory 131 Land 132 Buildings 133 Equipment 134 Furniture 135 Trucks 139 Accumulated Depreciation LIABILITIES 211 Accounts Payable 212 Notes Payable 213 Income Taxes Payable 214 Wages Payable 215 Utilities Payable 216 Insurance Payable 217 Interest Payable 218 Rent Payable 219 Unearned Service Revenue 231 Bonds Payable EQUITY 311 Common Stock 321 Retained Earnings 331 Dividends REVENUE 411 Sales Revenue 412 Service Revenue 413 Interest Income EXPENSES 511 Cost of Goods Sold 512 Advertising Expense 513 Supplies Expense 514 Utilities Expense 515 Rent Expense 516 Insurance Expense 517 Repairs and Maintenance Expense 521 Wages Expense 531 Interest Expense 532 Depreciation Expense 533 Income Taxes Expense none X General Journal 1. Prepare a journal entry of the transactions on Rosenthal Decorating Inc. 2) Post the transactions to the t acccount 3)prepare a trial balance at june 30 2019

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