16. Prepare journal entries for each of the following transactions. 1. Performed services for customers on account $8,000. 2. Purchased $20,000 of equipment on account. 3. Received $3,000 from customers in transaction 1. 4. The company paid dividends of $2,000. 17. Post the following transactions to T-accounts and determine each account's ending balance. 1. Supplies 2,800 Accounts Payable 2. Accounts Receivable Service Revenue 2,800 4,000 4,000 3. Cash 3,000 Accounts Receivable 3.000 4. Accounts Payable Cash 1,000 1,000 18. The ledger accounts of the Fabulous Muscles Gym at June 30, 2015 are shown below: Accounts Payable Accounts Receivable Buildings $ 9,100 1,050