Minute Maid, a firm providing housecleaning services, began business on April 1,2015. The following transactions occurred during the month of April.

April 1 A. Falcon invested $12,600 cash to begin the business in exchange for common stock. April 2 Paid $3,990 cash for six months' lease on van for the business. April 3 Borrowed $14,000 cash from bank and signed note payable agreeing to repay it in 1 year plus 10% interest. April 3 Purchased $7,700 of cleaning equipment; paid $3,500 cash with the remainder due within 30 days. April 4 Paid $6,020 cash for cleaning supplies. April 7 Paid $490 cash for advertisements to run in newspaper during April. April 21 Billed customers $4,900 for services performed. April 23 Paid $4,200 cash on account to cleaning equipment suppliers (see April 3.. April 28 Collected $3,220 cash from customers on their accounts. April 29 Paid $1,400 cash for dividends. April 30 Paid $2,450 cash for April wages. April 30 Paid $1,393 cash to service station for gasoline used during April.

a. Record the below transactions for April using the financial statement effects template. b. Record the transactions for April in journal entry form. c. Post the transactions to the appropriate T-accounts.

Note: Use a negative sign with your answers, when appropriate.