Exercise: Luigi Trovato, Accountant, opened his accounting office on September 1 of the current year. During the month the following transactions related to his accounting practice occurred. Owner's original investment $10,000. He purchased equipment for $35,000, paying $10,000 in cash and the difference in a note payable. He paid $1,000 in rent. He bought $8,500 of supplies on credit. Recorded $2,500 of services rendered on credit. Received $11,000 in cash for services rendered. He paid $200 to creditors. Paid wages of $1,250 Received $1,150 from customers who owed him in transaction 5. Withdrew $1,850 for personal use. Record transactions in T accounts. The affected accounts will be the following: Cash, Accounts Receivable, Supplies, Equipment, Notes Payable, Accounts Payable, Trovato Capital, Trovato, Retirement, Earned Income, Rental Expense, Salary Expense. Determine the balance of each of the accounts. Prepare the Balance Sheet of Trovato, Accounting Services for September 30 of the current year.