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Cash Accounts Payable Exercise Equipment G. Elden, Capital Store Equipment Income from Services Office Equipment Advertising Expense During December, the following transactions occurred: a. Elden

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Cash Accounts Payable Exercise Equipment G. Elden, Capital Store Equipment Income from Services Office Equipment Advertising Expense During December, the following transactions occurred: a. Elden deposited $35,000 in a bank account in the name of the business. b. Bought exercise equipment for cash, $8,150, Ck. No. 1001. C. Bought advertising on account from Hazel Company, $105. d. Bought a display rack (Store Equipment) on account from Cyber Core, $790. e. Bought office equipment on account from Office Aids, $185. f. Elden invested her exercise equipment with a fair market value of $1,200 in the business. g. Made a payment to Cyber Core, $200, Ck. No. 1002. h. Sold services for the month of December for cash, $800. Required: classification. 3. Record the amounts in the proper positions in the T accounts. Record the amoun 4. Foot and balance the accounts. Accounts Payable Cash + Debit Credit Debit Credit Bal. Bal

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