Assignment Ledger, T- Account, Trial Balance Crooks Garage is a small business operated by James Crooks. Shown below are 9 selected transitions of Crooks Garage. 1. Analyze, these transactions into T-Accounts and enter the transactions on the correct side of the T-Account (remember the number the transactions) 2. Once you have the T-Accounts totaled, you need to create a Trial Balance Assets Liabilities Cash $4000 Bank Loan $1000 AR AP -G. Rawl 1500 Rossi Co. 300 Equipment 2000 Wages payable 1000 Supplies 500 Transactions 1. A car is repaired for a customer who pays the $450 charge in cash 2. The business purchases $170 of supplies for cash 3. The business pays $125 to Rossi Co., an account payable 4. The business receives $90 from G. Rawl, an account receivable 5. A welding unit, included in the Equipment account at $500, is run over by a truck. It is so badly damaged that it has to be thrown away. 6. A new welding unit is purchased on credit from Bly Co. at a cost of $790 7. Arrangements are made with the bank to borrow $6000. A promissory note for this account is signed by Mr. Crooks for the bank. After which the bank provides the business with $6000 cash 8. Albert McCann, a mechanic employed by Crooks Garage, is paid wages of $375 9. A towing service is performed for a customer for $40 cash