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2b. Rufina's business has the following transactions: Rufina contributed $20,000 cash. purchased $500 of office supplies on account. purchased $4,000 of furniture on account. provided

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2b. Rufina's business has the following transactions: Rufina contributed $20,000 cash. purchased $500 of office supplies on account. purchased $4,000 of furniture on account. provided services to various clients totaling $11,000 on account. paid out $3,000 for salaries expense and $5,000 for rent expense. paid $600 to supplier for the office supplies purchased earlier. collected $1,000 from one of its clients for services rendered earlier in the month. At the end of the month, Rufina's Accounts Payable account will be? A) B) BB) Accounts Payable 500 4,000 Accounts Payable 600 500 4,000 3,900 Bal 11,000 Bal C) D) Accounts Payable Accounts Payable 500 4,000 500 4,000 600 600 5,100 Bal Bal. 3,900 27. The following transactions posted to the proper accounts for Meg's Accounting, for the first mon of operations. Prepare a trial balance a) Meg contributed $11,500 cash. b) Meg's Accounting paid the first month's rent with $950 cash. ) Meg's Accounting purchased equipment with $3,000 cash and also signed a note payable for the remaining balance of $5,000. d) Meg's Accounting purchased office supplies for $200 cash. The supplies remain at the end of the month e) Meg's Accounting billed clients for a total of $7,100 for accounting services rendered. f) Meg's Accounting received $4,150 cash from clients for services rendered above

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