In January, Tongo, Incorporated, a branding consultant, had the following transactions.

a$.$ Recelved $$9,500$ cash for consulting services rendered in January.

b$.$ Issued common stock to Investors for $$10,000$ cash.

c$.$ Purchased $$12,000$ of equipment, paying $25$ percent in cash and owing the rest on a note due in $2$ year

d$.$ Recelved $$7,500$ cash for consulting services to be performed In February.

e$.$ Bought and recelved $$1,000$ of supplies on account.

f$.$ Recelved utility bill for January for $$1,250,$ due February $15.$

g$.$ Consulted for customers in January for fees totaling $$15,900,$ due in February.

$h.$ Recelved $$12,000$ cash for consulting services rendered in December.

l$.$ Pald $$500$ toward supplies purchased in $($e$).$

E$3-18($Static$)$ Posting to T$-$Accounts $[$LO $3-3]$

Required:

For each transaction, post the effects to the approprlate T$-$accounts.