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Fill in each of the following T-accounts for Belle Co.s seven transactions listed here. The T-accounts represent Belle Co.s general ledger. Code each entry with

Fill in each of the following T-accounts for Belle Co.s seven transactions listed here. The T-accounts represent Belle Co.s general ledger. Code each entry with transaction number 1 through 7 (in order) for reference.

  1. D. Belle created a new business and invested $7,000 cash, $6,000 of equipment, and $13,100 in web servers in exchange for common stock.
  2. The company paid $4,700 cash in advance for prepaid insurance coverage.
  3. The company purchased $800 of supplies on account.
  4. The company paid $700 cash for selling expenses.
  5. The company received $6,000 cash for services provided.
  6. The company paid $800 cash toward accounts payable.
  7. The company paid $3,900 cash for equipment.image text in transcribed
Cash Equipment 1. End. bal. End. bal. Common Stock Supplies End. bal. End. bal. Web Servers Service Revenue End. bal. End. bal. Prepaid Insurance Accounts Payable End. bal. End. bal. Selling Expense End. bal

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