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Accounts Debit Credit Cash Supplies Prepaid Rent Accounts Payable Notes Payable $ 10,800 33,000 24,000 $ 1,800 18,000 Common Stock 34,000 Retained Earnings 7,800

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Accounts Debit Credit Cash Supplies Prepaid Rent Accounts Payable Notes Payable $ 10,800 33,000 24,000 $ 1,800 18,000 Common Stock 34,000 Retained Earnings 7,800 Dividends 2,800 Service Revenue 55,200 Salaries Expense 18,800 Advertising Expense 11,800 Rent Expense 8,800 Utilities Expense 6,800 Totals $116,800 $116,800

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