Journal Entries and Trial Balance On March 1, 2041, Sadie May established Pampered Pet, which completed the following transactions during the month: a. Sadie May transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $10,000. b. Purchased supplies on account, $500. C. Earned sales commissions, receiving cash, $6,125. d. Paid rent on office and equipment for the month, $1,900. e. Paid creditor on account, $300. f. Paid dividends, $1,500. g. Paid automobile expenses (including rental charge) for month, $750 and miscellaneous expenses, $200. h. Paid office salaries, $1,550. i. Determined that the cost of supplies used was $363. Required: 1. Journalize entries for transactions (a) through (i). If an amount box does not require an entry, leave the box blank. (a) (b) (c) Next (4) 111 I III (6) (e) (P) (c) . (h) (0) 2. Prepare T accounts, using the account titles in part (1). Post the journal entries to these accounts, placing the appropriate letter to the left of each amount to identify the transaction. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance. Cash Bal. Supplies Bal. Accounts Payable Bal. Common Stock Dividends Sales Commissions Next > Next Sales Commissions Rent Expense Office Salaries Expense Automobile Expense Supplies Expense Next Supplies Expense Miscellaneous Expense 3. Prepare a trial balance as of March 31, 2011. If an amount box does not require an entry, leave the box blank. Pampered Pet Trial Balance March 31, 2011 Debit Balances Credit Balances Cash Supplies Accounts Payable Common Stock Dividends Next Trial Balance March 31, 2011 Debit Balances Credit Balances Cash Supplies Accounts Payable Common Stock Dividends Sales Commissions Rent Expense Office Salaries Expense Automobile Expense Supplies Expense Miscellaneous Expense Next) Next 10