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2Please help...ill rate answers... The transactions of Dexter Company: a. Macy Dexter, owner, invested $15,750 cash in the company in exchange for common stock. b.

2Please help...ill rate answers...

The transactions of Dexter Company:

a. Macy Dexter, owner, invested $15,750 cash in the company in exchange for common stock.
b. The company purchased office supplies for $457 cash.
c. The company purchased $8,710 of office equipment on credit.
d. The company received $1,858 cash as fees for services provided to a customer.
e. The company paid $8,710 cash to settle the payable for the office equipment purchased in transaction c.
f. The company billed a customer $3,339 as fees for services provided.
g. The company paid $515 cash for the monthly rent.
h. The company collected $1,402 cash as partial payment for the account receivable created in transaction f.
i. The company paid$900 cash for dividends.

Prepare general journal entries to record the transactions above: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. (Omit the "$" sign in your response.)

General Journal Debit Credit
a.
b.
c.
d.
e.
f.
g.
h.
i.

Post the abovejournal entries to T-accounts, which serves as the general ledger for this assignment. Determine the ending balance of each T-account. (Record the transactions in the given order. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Cash




Balance


Accounts Receivable




Balance


Office Supplies




Balance


Office Equipment




Balance


Accounts Payable




Balance


Common Stock




Balance


Dividends




Balance


Fees Earned




Balance


Rent Expense




Balance



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