eBook Exercise 3-19 Posting Transactions The following information pertains to York Rafting Company: Issued common stock to investors for $25,000 Bought $3,500 of supplies on account Paid rent for January in the amount of $1,200. Billed a customer $7,000 for services provided Paid $1,500 cash to vendor for the January 3 purchase Borrowed $10,000 from local bank. Received payment for billing made on January 9 Jan. 2 3 4 9 16 24 26 Required: Post the journal entries to their appropriate T-accounts. If an amount box does not require an entry, leave it blank Cash Common Stock Supplies 25000 10000 7000 42000 1200 25000 3500 1500 2700 39300 25000 3500 Rent Expense Accounts Receivable Accounts Payable 1200 7000 7000 1500 3500 1200 2000 Service Revenue Notes Payable 7000 10000 7000 10000