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INSTRUCTIONS Analyze each transaction. Use T accounts to record these transactions and be sure to put the name of the account on the top of each account. Record the effects of the transaction in the Taccounts. Use plus and minus signs before the amounts to show the increases and decreases. TRANSACTIONS 1. Purchased office supplies for $6.000 in cash. 2. Delivered monthly statements, collected fee income of $52.000. 3. Paid the current month's office rent of $10,000. 4. Completed professional counseling: billed client for $8.000. 5. Client paid fee of $4,000 for weekly counseling, previously billed. 6. Paid office salaries of $9.200. 7. Paid telephone bill of S1.160. 8. Billed client for $6,000 fee for preparing a counseling evaluation. 9. Purchased office supplies of $2.200 on account. 10. Paid office salaries of $9.200. 11. Collected $6,000 from client who was billed. 12. Clients paid a total of $18.200 cash in fees, Analyze: How much cash did the business spend during the month