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Transactions

On April $1$ of the current year, Morgan Jones established a business to manage rental property. She completed the following transactions during April:

a$.$ Opened a business bank account with a deposit of $$33,000$ in exchange for common stock.

b$.$ Purchased office supplies on account, $$2,050.$

c$.$ Received cash from fees earned for managing rental property, $$5,810.$

d$.$ Paid rent on office and equipment for the month, $$2,510.$

e$.$ Paid creditors on account, $$930.$

f$.$ Billed customers for fees earned for managing rental property, $$4,650.$

g$.$ Paid automobile expenses for month, $$560,$ and miscellaneous expenses, $$280.$

h$.$ Paid office salaries, $$1,770.$

i$.$ Determined that the cost of supplies on hand was $$1,210$; therefore, the cost of supplies used was $$840.$

j$.$ Paid dividends, $$1,670.$

Required:

Indicate the effect of each transaction and the balances after each transaction:

For those boxes in which no entry is required, leave the box blank.

For those boxes in which you must enter subtractive or negative numbers use a minus sign. $($Example: $-300)$