a. Recelved four shareholders' contributions totaling $29,600 cash to form the corporation; issued 500 shares of $0.10 par value common stock b. Peid three months' rent for the store et $1,710 per month (recorded as prepaid expenses). c Purchased and received candy for $6,200 on account, due in 60 days. d. Purchased supplies for $1,330 cash. e. Negotiated and signed a two-year $15,000 loan at the bank, receiving cash at the time t Used the money from (e) to purchase a computer for $2,900 (for recordkeeping and inventory trackingl, used the balance for furniture and fxtures for the store. g. Placed a grand opening advertisement in the local paper for $470 cash; the ad ran in the current month. h. Made sales on Valentine's Day totaling $3,600; $2,645 was in cash and the rest on accounts receivable. The cost of the candy sold was $1,800 L Made a $620 payment on accounts payable J Incurred and paid employee wages of $1,500 k. Collected accounts receivable of $120 from customers. L Made a repair to one of the display cases for $145 cash m. Made cash sales of $3,000 during the rest of the month. The cost of the candy sold was $1,810 4. 10.00 points Required 1 &2. Record in the T-accounts the effects of each transaction for Kaylee's Sweets in February, referencing each transaction in the accounts with the transaction letter. Show the endi An example amount has been posted to the Cash T-Account from transaction (1). A a.aoerount as douns hee th C arcouch n Febuay,resferencing each tansaction in tth w the end MacBook Ai 44 2 3 4 8