Prepare a Trial Balance for Salty Inc

Essay

Prepare a trial balance for Salty Inc. dated June 30, 2014, based on the following transactions that occurred during the month of June.
a. Owner invested $25,000 cash into the business and received common shares in return.
b. Rented an office and paid one month's rent, $900.
c. Purchased $400 of supplies on account.
d. Performed services on account, $5,500.
e. Paid $2,000 cash for office furniture.
f. Owner received a dividend of $700.
g. Collected $1,200 on account.