FOR THE GIVEN INFORMATION BELOW CREATE T-accounts, trial balances

GIVEN ARE THE OPENING BALANCES FOR MONTH February

Cash24,650

Accounts Receivable11,950

Supplies (Asset)400

Computers2,000

Accumulated Amortization - Computer79

Vehicles5,000

Accumulated Amortization - Vehicles111

Furniture2,800

Accumulated Amortization - Furniture22

Land38,000

Accounts Payable750

J. Jones, Capital83,838

THESE ARE THE February transactions:

1Purchased additional $250 in supplies.

1Signed an insurance policy costing $3,600 over 3 years. Paid for February, March and April.

2Client #4 paid half of its bill.

5Bought supplies on account required for a client presentation. Supplies cost $250. Invoiced Client #5 a total of $1,400 for the presentation.

7Paid administrator a salary of $1,875.

16 Received balance owing from client #2.

19Received invoice for utility bills totalling $500.

28Administrator was not working out. Worked until end of February but, as yet, has not been paid.

28Jones estimates the same amount of supplies were used for each month. The remaining balance of supplies when counted on February 28 was $200.