accounting

eedc X Freedom of X Understandi X A Week1-Limit X Mail - Thom now.com/ilrn/takeAssignment/courseAssignmentOverview.do be Maps transactions during September: a. Opened a business bank account with a deposit of $29,000 in exchange for common stock. b. Purchased office supplies on account, $2,160. c. Received cash from fees earned for managing rental property, $5,910. d. Paid rent on office and equipment for the month, $2,650. e. Paid creditors on account, $980. f. Billed customers for fees earned for managing rental property, $4,910. g. Paid automobile expenses for month, $590, and miscellaneous expenses, $290. h. Paid office salaries, $1,870. i. Determined that the cost of supplies on hand was $1,280; therefore, the cost of supplies used was $880. j. Paid dividends $1,770. Required: SHEET 1. Indicate the effect of each transaction and the balances after each transaction: For those boxes in which no entry is required, leave the box blank. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300) Assets = Liabilities + Item Cash + Accounts Accounts Common Receivable + Supplies Payable Stock Dividends + 29,000 29,000 2,160 2,160 8 items Check My Work Previous e here to search O