Chapter Review 125 Comprehensive Exercises S. A Hosted is a sign painter and truck lettere. Her business, Hayated Design, has the following sets and liabilito Asters Bank AR-G. Anderson ARN. Orowski Office Supplies Painting Supplies Office Furniture Automobile 5 2216 357 402 2980 4 ti Bank Loan AJP - Consumers Supply AJP - Ny Style Furniture Loan Payable. M. Hosted $ 6 500 1 375 2951 11 900 4 125 5010 20 000 A. Set up A. Hoysted's financial position in the accounts provided in your Workbook. Include the equity account. B. Check that you did Part Accurately. Use your calculator to do a zero-proof trial balance For the transactions listed below, record the secounting entries in T-accounts TRANSACTIONS 1. Received $200 cash from customer for printing a bit 2. Paid $500 to Consumers' Supply 2. Received $102 cash from N. Ostrowski. 4. Sold an extra office desk included in the Office Furniture Berat $450) to G. Brand at a price of $250. Elvand paid $100 cash wed the balance 5. Reduced the bank loan by $1000 6. Paid SM interest on the loan to M. Hoysted. (Note: This payment is an interest charge. It does not reduce the amount owed to M. Hoysted) 7. Paid the hals owing to Consumers' Supply 8. Bought on credit a new office chair for $225 from No-Style Furniture The bill is due in 30 days D. Calculate the account balances and balance the ledger by taking off a trial balance dated December 31, 20- 6. Rainbow Real Estate is a business owned by Cathy Geraci. The accounts of the business are as follows: Liabilities Bank Loan AP-Tuck Corporation $ 19 000 1520 Asses Bank AR- Murray AVAA. Nemi Office Supplies Furniture and Equipment Properties Automabile $ 1 056 1 351 2 516 1115 11 916 168 042 27 965 Eqwty Cathy Geraci, Capital