Open the following T-accounts: Cash; Accounts Receivable; Office Supplies; Office Furniture; Accounts Payable; Common Stock; Dividends; Service Revenue; Salary Expense; Rent Expense.

Record the following transactions directly in the T-accounts without using a journal. Use the letters to identify the transactions.

a. Dolores Trevino opened an accounting firm by investing \(\$ 7,200\) cash and office furniture valued at \(\$ 5,400\). Organized as a professional corporation, the business issued common stock to Trevino.

b. Paid monthly rent of \(\$ 1,500\).

c. Purchased office supplies on account, \(\$ 800\).

d. Paid employee salary, \(\$ 1,800\).

e. Paid \(\$ 400\) of the account payable created in Transaction (c).

f. Performed accounting service on account, \(\$ 1,700\).
g. Paid dividends of \(\$ 2,000\).