Haupt Consulting, Inc., completed the following transactions during the first half of December, 2010:

Requirements 

1. Open T-accounts in the ledger: Cash, Accounts receivable, Supplies, Equipment, Furniture, Accounts payable, Common stock, Retained earnings, Dividends, Service revenue, Rent expense, and Utilities expense.

2. Journalize the transactions. Explanations are not required.

3. Post to the T-accounts. Key all items by date, and denote an account balance as Bal. Formal posting references are not required.

4. Prepare a trial balance at December 18. We will add transactions for the remainder of December and prepare a trial balance at December 31.

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Dec 2 223 3 4 S 9 12 18 Received $10,000 cash and issued common stock. Paid monthly office rent, $500. Paid cash for a Dell computer, $2,000. This equipment is expected to remain in service for five years. Purchased office furniture on account, $3,600. The furniture should last for five years. Purchased supplies on account, $300. Performed consulting service for a client on account, $1,700. Paid utility expenses, $200. Performed service for a client and received cash of $800.