Selected transactions from the journal of whispering winds corp., are presented below. date account titles and explanation debit credit aug. 1 cash 60,000 common stock 60,000 (investment of cash for stock) 10 cash 27,000 service revenue 27,000 (received cash for services performed) 12 equipment 50,000 cash 8,000 notes payable 42,000 (purchased office equipment for cash and notes payable) 25 account receivable 16,000 service revenue 16,000 (billed clients for services performed) 31 cash 8,800 accounts receivable 8,800 (receipt of cash on account)prepare a trial balance at august 31.