Hartman Housewares Company began the current year with the following account balances:
Cash .......................................................  $70,000
Accounts Receivable ............................    25,000
Supplies .................................................      5,000
Accounts Payable .................................    28,000
Common Stock .....................................    32,000
Retained Earnings ................................    40,000
The following transactions were completed during the current year.
a. Bought office equipment with cash, $10,000.
b. Bought supplies on credit from a vendor, $5,000.
c. Sold goods for cash, $12,000 (ignore the inventory and cost of goods sold entries of this transaction).
d. Bought raw materials from a supplier on account, $2,000.
e. Sold goods to customers on account, $6,000 (ignore the inventory and cost of goods sold entries of this transaction).
f. Purchased raw materials by issuing a note payable, $3,000.
g. Paid cash toward note payable balance, $500.

h. Received cash from customer to apply to credit account balance, $3,000.
i. Paid for accounting and legal fees in cash, $400.
J. Paid salaries in cash, $1,000.

Required:
a. Show the effect of each transaction on assets, liabilities, and equity using the accounting equation.
b. Prepare journal entries. Omit explanations.
c. Post each transaction to t-accounts.
d. Determine the ending balances for each account.