Boilermaker House Painting Company incurs the following transactions for September.

1.September3Paint houses in the current month for $12,500 on account.

2.September8Purchase painting equipment for $13,500 cash.

3.September12Purchase office supplies on account for $2,000.

4.September15Pay employee salaries of $2,700 for the current month.

5.September19Purchase advertising to appear in the current month for $1,200 cash.

6.September22Pay office rent of $3,900 for the current month.

7.September26Receive $7,500 from customers in (1) above.

8.September30Receive cash of $4,500 in advance from a customer who plans to have his house painted in the following month.

2.Post each transaction to T-accounts and calculate the ending balance for each account.At the beginning of September, the company had the following account balances: Cash, $38,600; Accounts Receivable, $950; Supplies, $350; Equipment, $5,900; Accounts Payable, $850; Common Stock, $17,500; Retained Earnings, $27,450. All other accounts had a beginning balance of zero.