Explain each of the sets of debits and credits in these accounts for Tuxedos, Inc., that rents wedding clothing and accessories. There are 10 transactions to be explained. Each set Explain is designated by the small letters to the left of the amount. For example, the first transaction is “

the issuance of capital stock for cash and is denoted by the letter (a).

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150,000 1,000 600 Dividends 1,000 (a) (d) Cash 200,000 (b) 1,800 (e) 30908 (f) (g) 2,000 30,000 Bal. 18,200 Accounts Receivable (c) 1,800 (d) (1) 12,000 Bal. 12,000 Supplies on Hand (b) 150,000 (1) 30,000 Bal. 180,000 Service Revenue 1,800 (c) 1,800 (1) 12,000 Bal. 13,800 (1) Rent Expense 600 Accounts Payable 800 (h) Delivery Expense 800 Capital Stock (a) 200,000 (9) Salaries Expense 2,000