Exercise #3 Tablette Repair Service has the following trial balance information available on December 31, 2020: TABLETTE REPAIR SERVICE, INC. Trial Balance December 31, 2020 DR CR Cash 8,000 Accounts Receivable 15,000 Supplies 11,000 Prepaid Rent 3,000 Equipment 21,000 Accounts Payable 17,000 Smith, Capital 41,000 Total 58,000 58,000 Transactions that occurred during January 2021 were as follows: 1. Paid $1,000 advertising costs in cash. 2. Purchased supplies on account costing $3,600. 3. Paid $1,700 miscellaneous expenses in cash. 4. Received $13,000 cash on account from previously billed customers. 5. Made a $14,400 cash payment on accounts payable. 6. Performed $14,000 of services during January-received $5,000 cash and billed customers for the remaining $9,000. 7. Paid January employee salaries $3,000. 8. Smith withdrew $1,600 cash for personal use. Instructions For each transaction, enter the correct debit-credit amount in the T-accounts. The accounts will automatically balance and the correct amounts will be entered on the trial balance. Be sure that your trial balance totals are equal. A. B. CASH ACCOUNTS PAYABLE 17,000 BAL BAL 8,000 17,000 BAL SMITH, CAPITAL 141,000 BAL BAL 8,000 ACCOUNTS RECEIVABLE BAL 15,000 41,000 BAL SMITH, DRAWING BAL BAL 15,000 SERVICE REVENUE SUPPLIES BAL 11,000 BAL ADVERTISING EXPENSE BAL 11,000 PREPAID RENT 3,000 BAL BALL [ISCELLANEOUS EXPENS BAL 3,000 BAL EQUIPMENT SALARIES EXPENSE BAL 21,000 BAL BAL 21,000