How these transactions or the Star Inc. company by recording the oebit and credit entries directly in the 1-accounts use the date for each transaction to soennty the entres, placing the oaie in me and the amount in the right-hand cell on the appropriate side of the T-account. Then determine the balance of each account, and write 'Balance' (or 'Bal) next to it, in the left-hand cell on the appropria a. May 1: Linda Champion (a shareholder), received share capital in Star Inc., after investing $25,000 cash and $40,000 worth of equipment in Star Inc. b. May 3: Star Inc. provided $750 of consulting services for a customer who will pay within 30 days. c. May 6: Star Inc. purchased $1,000 of equipment on credit. d. May 8: Star Inc. paid this month's $400 water utilities bill received today. e. May 10: Star Inc. performed consulting services for a customer and received $500. 1. May 13: Star Inc. purchased new equipment by paying $1,250 cash g. May 15: Collected $600 regarding a credit customer's account h. May 17: Star Inc. returned to the supplier $500 of equipment discovered to be defective. It was originally purchased on account in transaction (c) i. May 18: Star Inc. received a bill today for this month's electrical utilities: $400. It will be paid within 30 days May 20 Star Inc. paid $500 towards the bill from transaction (e) Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Unearned Revenue Share Capital Consulting Revenue Earned Utities Expense