George Hoskin started his own business, Hoskin Hauling. The following transactions occurred in the first two weeks:
A. George Hoskin contributed cash of $12,000 and a truck worth $10,000 to start the business. He received Common Stock in return.
B. Paid two months' rent in advance, $800.
C. Agreed to do a hauling job for a price of $1,200.
D. Performed the hauling job discussed in “C.” We will get paid later.
E. Received payment of $600 on the hauling job done in “D.”
F. Purchased gasoline on credit, $50.
G. Performed another hauling job. Earned $750, was paid cash.

Record the following transactions in T-accounts. Label each entry with the appropriate letter. Total the Taccounts when you are done.