Analysis of T Accounts Jim Arnold began a business called Arnold's Shoe Repair 1. Complete the accounts for Cash; Supplies; Jim Arnold, Capital; and Utilities Expense. Identify the following transactions by letter and place them on the proper side of the T accounts: a. Invested cash in the business, $5,500. b. Purchased supplies for cash, $800. c. Paid utility bill, $1,500 2. Foot the T account for cash and enter the ending balance. Cash Bal. Jim Arnold, Capital 2. Foot the T account for cash and enter the ending balance. Cash Bal. Jim Arnold, Capital Supplies Utilities Expense