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1. Record these transactions directly in the following T accounts, without journalizing: Cash: Accounts Receivable: Supplies: Prepaid insurance: Automobiles; Equipment; Notes Payable; Accounts Payable:
1. Record these transactions directly in the following T accounts, without journalizing: Cash: Accounts Receivable: Supplies: Prepaid insurance: Automobiles; Equipment; Notes Payable; Accounts Payable: Common Stock; Professional Fees: Salary Expense: Blueprint Expense; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the accounts, select the appropriate letter to identify the transaction, 2 Determine account balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance Cash
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