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Here are selected transactions of Mason Consulting Service. Post the transactions into the appropriate Ledger accounts. DATE TRANSACTIONS 20X1 Sept. 1 Zack Mason invested $55,000

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Here are selected transactions of Mason Consulting Service. Post the transactions into the appropriate Ledger accounts. DATE TRANSACTIONS 20X1 Sept. 1 Zack Mason invested $55,000 in cash to start the firs 4 Purchased office equipment for $6,000 on credit from Den, Inc.; received Invoice 923, payable in 30 days 16 Purchased an automobile that will be used to visit clients issued Check 1001 for $14,000 in full payment 20 Purchased supplies for $470; paid immediately with Check 1002 23 Returned damaged supplies for a cash refund of 5145 30 Issued Check 1003 for $3,450 to Den, Inc., as payment on account for Invoice 9823 30 withdrew $2,500 in cash for personal expenses 30 Issued Check 1004 for $1,450 to pay the rent for October 30 Performed services for $2,500 in cash 30 Paid $410 for monthly telephone bill, Check 1005 Cash Date Debit Account No. 101 Credit Balance Accounts Receivable Date Debit Account No. 111 Credit Balance ni Supplies Date Account No. 121 Credit Balance Debit Prepaid Rent Date Debit Account No. 137 Credit Balance Equipment Date Account No. 141 Credit Balance Debit Automobile Date Debit Account No. 139 Credit Balance Accounts Payable Date Debit Account No. 202 Credit Balance Zack Mason, Capital Date Debit Account No. 301 Credit Balance Zack Mason, Drawing Date Debit Account No. 302 Credit Balance Fees Income Date Debit Account No. 401 Credit Balance Salaries Expense Account No. 514 Telephone Expense Account No. 517 p Accounts Payable Date Debit Account No. 202 Credit Balance Zack Mason, Capital Date Debit Account No. 301 Credit Balance Zack Mason, Drawing Date Debit Account No. 302 Credit Balance Fees Inconne Date Debit Account No. 401 Credit Balance Salaries Expense Date Debit Account No. 514 Credit Balance Telephone Expense Date Debit Account No. 517 Credit Balance

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