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Anna Taylor started a new business, Taylor Gymnastics, and completed the following transactions during December Dec. 1 Anna contributed $ 3 , 0 0 0

Anna Taylor started a new business, Taylor Gymnastics, and completed the following transactions during December Dec. 1 Anna contributed $3,000 cash in exchange for services provided
2 Received $4,000 cash from customers for services provided
5 Paid $100 cash for office supplies
9 Performed services for a customer and billed the customer for services rendered, $3,000
10 Received $200 bill for utilities due in two weeks
15 Paid for advertising in local paper, $125
20 Paid utility bill received on Dec. 10
25 Collected cash from customer billed on Dec. 9
28 Paid rent for the month, $1,500
28 Paid $1,050 to assistant for wages
30 Received $2,800 cash from customers for service performed
31 Cash dividends of $2,000 were paid to stockholders.
Using the accounting equation place the transactions in the spreadsheet provided. (See pg.2)
PROBLEM II
Using the transactions in Problem I prepare the Journalize Entries.
PROBLEM III
Using the transactions in Problem I, prepare T accounts and post the transactions to the accounts.

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