Liabilities 211 Accounts Paya A-3. The following transactions occurred in June 201X for A. One's Placement Agency: 201X June 1 A. One invested $9,000 cash in the placement agency. Bought equipment from Tinker Co. for $1,500 on account. Earned placement fees of $1,400, but payment will not be received until July. A. One withdrew $600 for personal use. Paid wages expense, $300. 1 3 5 7 9 15 28 Paid telephone bill for June, $220. 29 Placed a client on a local TV show, receiving $4,000 cash. Bought supplies from Cinder Co. for $350 on account. Advertising bill from Shawl Co. received but not paid, $500. The chart of accounts for A. One Placement Agency is as follows: Chart of Accounts Owner's Equity Assets 311 A. One, Capital 111 Cash 112 Accounts Receivable 312 A. One, Withdrawals 131 Supplies Revenue 141 Equipment 411 Placement Fees Earne Liabilities Expenses 211 Accounts Payable 511 Wage Expense 521 Telephone Expense 531 Advertising Expense