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Tristar Service Centre repairs automobiles on a cash or credit basis. Accounts in the general...

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Accounting

Tristar Service Centre repairs automobiles on a cash or credit basis. Accounts in the general ledger for September include: Cash $10000; Accounts Receivable $3500; Tools $5500; Equipment $25000; Accounts Payable $2200; P. Gibson, Capital $42300; P. Gibson, Drawings; Repair Service Revenue; Advertising Expense; Rent Expense; Telephone Expense.
Transactions that occured during October are given below.
a) Set up a T-account ledger, then record the opening balances and the following transactions for October 11.
Oct. 2- Paid the monthly rent of $4000 to Deneer. Co
3- Repaired Jim Jones' car and billed him $535.
4- Purchased a new set of tools for $1275 on credit from Tool Supply.
6- Received a bill for $475 from the Gazette for advertising.
6- Paid Auto Supply $750 for amounts owing to them.
7- Paid the telephone bill received today, $85.
10- The owner, P. Gibson, withdrew $500 for his own use.
11- Receved $215 cash from a customer for a tune-up and oil change done today.
11- Received $175 cash on account from a customer who was sent a bill last month.
b) Prepare a trial balance for October 11.

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