Geo Inc. had the following account balances on January 1, Year 2 Accounts Payable Accounts Receivable Cash Common Stock Equipment Note Payable Retained Earnings Salaries and Wages Expense4,400 Supplies $ 716 1,900 1,900 15,000 2,300 3,600 4,036 1,180 Required Prepare journal entries for each of the following January activities, and post results to the relevant T- accounts. Compute the ending balance of each T-account. Beginning balances have been entered. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) A. Paid $716 on account for utilities that were used during December Year 1 B. Purchased $468 of supplies for cash. C. Signed a rental agreement for office space and paid $5,300 in advance for six months of rent beginning February 1, Year 2 D. Purchased $16,000 of new equipment, signing a promissory note. E. Provided $30,500 of services. $18,500 was received in cash and $12,000 was provided on credit. F. Paid workers $6,600 for work done in January View transaction list Journal entry worksheet 4 6 Record the payment of $716 on account for December's utilities Note: Enter debits before credits Transaction General Journal Debit Credit A. Cash 1,900 Accounts Receivable Beg. Bal Beg. Bal 1,900 End. Bal 1,900 End. Bal 1,900 Prepaid Rent Supplies 1,180 Beg. Bal Beg. Bal End. Bal 1,180 End. Bal Equipment 2,300 Accounts Payable Beg. Bal Beg. Bal 716 End. Bal 2,300 End. Bal 716 Notes Payable Common Stock Beg. Bal 3,600 Beg. Bal 15,000 End. Bal 3,600 End. Bal 15,000 Equipment 2,300 Accounts Payable Beg. Bal Beg. Bal 716 End. Bal 2,300 End. Bal 716 Notes Payable Common Stock Beg. Bal 3,600 Beg. Bal 15,000 End. Bal 3,600 End. Bal 15,000 Retained Earnings Service Revenue Beg. Bal 4,036 Beg. Bal End. Bal 4,036 End. Bal Salaries and Wages Expense Expense 4,400 End. Bal 4,400