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assignment 1 LUL The following events apply to Equipment Services Inc. in its first year of operation: 1. Acquired $60,000 cash from the issue of common stock 2. Received an $8.200 cash advance for services to be provided in the future. Purchased $2.000 of suppiles on account. Earned $35.000 of service revenue on account incurred $16.300 of operating expenses on account 5. Collected $28.500 cash from accounts receivable 2. Made a $15.00 payment on accounts payable Pe da $2.000 cash dividend to the stockholders 3. Recognized $1500 of supples expense 2. Recorded $3100 of accrued salaries expense. 1. Recognized $3.100 of revenue for services provided to the customer in Event Required a Record the events in T-accounts and determine the ending account balances b. Test me equa ty of the debt and credit balances of the Taccounts by prepagatal balance Complete this question by entering your answers in the tabs below Requ... Regu Record the events in T-accounts and determine the ending account balances. Accounts Receivable Uneared Reyn