I think I did all my journal entries right but I just dont know how to do the T-accounts on page 3-5.

Oliw Lecture 3 HW HW 3-1 TRANSACTION ANALYSIS AND POSTING TO T-ACCOUNTS See the last page for T-accounts. (a) Provide website design services for $40,000. Debit and credit the accounts affected Cash welosite design 40,ooo 40,000 = Ensure the equation still balances and debits -credits Assets Liabilities Stockholders' Equity +40,000 -40,000 (b) Provide website design services to Acme Company, for $20,000 on account. We expect Acme to pay in the future. Debit and credit the accounts affected 20,000 account receivable Website design 26,000 Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities +20,000 -20,000 (c) Collect $18,000 from Acme Company on account. Debit and credit the accounts affected 18,000 18,000 Cash Occounts receivable Stockholders' Equity Ensure the equation still balances and debits credits Assets Liabilities +18,000 -18.000 3-1 OTIW Lecture 3 HW HANDOUT 3-1. continued (d) Sell a $1,000 gift certificate. Debit and credit the accounts affected 1,000 cash unearned revenue looo Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities +1.000 +1,000 (e) Customer redeems $1,000 gift certificate for website design services. Debit and credit the accounts affected 1,ooo unearned revenue Website design + Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities -1,000 1,000 (f) Paid employees $16,000 earned. Debit and credit the accounts affected 16,000 wage expenses Cash 16,000 Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities 16,000 -16,000 3-2 IW Lecture 3 HW HANDOUT 3-1, continued (g) Paid $3,000 insurance for next year in advance. Debit and credit the accounts affected prepaid expenses 3,000 3,000 + Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities + 3,000 -3,000 (h) Paid $9,000 rent for next six months in advance. Debit and credit the accounts affected 9,000 Prepaid expenses Cash 9.000 Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities +9,000 -9,000 (i) Received $250 telephone bill for previous month, to be paid next month. Debit and credit the accounts affected 250 250 telephone expenses accounts payable Stockholders' Equity + Ensure the equation still balances and debits = credits Assets Liabilities +250 +2.50 3-3 NIGIIW 30 FONT Renod 23NTOTTW De X Lecture 3 HW HANDOUT 3-1, continued () Received $500 utility bill for this month, to be paid immediately. Debit and credit the accounts affected 500 utilities expense Cash 500 + Stockholders' Equity Ensure the equation still balances and debits = credits Assets Liabilities - 500 -500 Lecture 3 HW HANDOUT 3-1, continued Assets Liabilities + Cash BegBal 3,100 Accounts Payable + 0 BegBal Stockholders' Equity + Contributed Capital 10,000 BegBal - Notes Payable + 15.000 Beg Bal - Retained Earnings + 0 BegBal + Supplies BegBal 900 - Uneamed Revenue + 0 BegBal Revenue + 0 BegBal + Accounts Receivable BegBal 0 + Wage Expense BegBal 0 Prepaid Rent - Beg Bal 0 + Utilities Expense- BegBal 0 + Prepaid Insurance - BegBal 0 + Telephone Expense BegBal 0 + Property, Plant & Equipment BegBal 21,000 3-5