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For each of the transactions listed below, work out the changes for the transaction and record these changes in the T-accounts. After finishing the

For each of the transactions listed below, work out the changes for the transaction and record these changes

For each of the transactions listed below, work out the changes for the transaction and record these changes in the T-accounts. After finishing the transactions, calculate and show the account balances. Transactions 1. On October 1, 20-, Ms. Lodge started her business with the following assets and liabilities: Bank $5000; Equipment $2400; Automobile $15000; A/P-Moose Finance Co. $3000; and A/P- Riverdale Stationers $1000. 2. Performed a service for A. Andrews and received $300 cash in payment. 3. Received a bill from Riverdale Stationers for $500 of supplies purchased on account. 4. Issued a cheque to B. Cooper for wages, $800. 5. Received a bill from Star Oil Co. for gasoline and oil used in the business car, $60. 6. Issued a cheque to Moose Finance Company for regular monthly payment, $400. 7. Issued a cheque to Jughead Properties for the rent for the month, $700. 8. Issued a bill to J. McCoy for services performed, $1500. 9. Issued a cheque for postage stamps, $20. 10. Issued a cheque for car repairs, $130. 11. Received a cheque from J. McCoy on account, $300. 12. Issued a cheque to J.P. Cleaning Co. for cleaning the office, $100. 13. Issued a cheque to V. Lodge, the owner, for personal use, $900. 14. Issued a bill to C. Blossom for services performed, $1200.

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