2B Score: 0 of 7 pts E2-24 (similar to) Review the following transactions. (Click the icon to view the transactions.) Requirement 1 of 3 (0 complete) Save HW Score: 0%, 0 of 34 pt Question Help Record the transactions directly in the T-accounts without using a journal. Use the letters to identify the transactions. Calculate the account balances and denote as Bal. (a) Luann Alstead opened an accounting firm by investing $13,000 cash and office furniture valued at $8,600. Organized as a professional corporation, the business issued common shares to Alstead. (Post the first transaction in the T-account below. Do not post the second transaction until after you have checked your answer and continued to the next step. Leave unused cells blank.) Cash Office Furniture Share Capital More Info a. In the month of May 2020, Luann Alstead opened an accounting firm by investing $13,000 cash and office furniture valued at $8,600. Organized as a professional corporation, the business issued common shares to Alstead. b. Paid monthly rent of $1,400. c. Purchased office supplies on account, $800. d. Paid employees' salaries of $1,600. e. Paid $400 of the accounts payable created in transaction (c). f. Performed accounting service on account, $8,800. g. Declared and paid dividends of $2,100. Print Done