ng entries in the T-accounts. c) For the transactions listed below. record the accounting entries e TRANSACTIONS 1 Received $200 cash from a customer for painting a sign. id $500 to Consumers' Supply 3. Received $402 cash from N. Ostrowski. 4. Sold an extra office desk included in the Office Furniture figure at $450) to G. Brand at a price of $250. Brand paid $100 cash and owed the balance. 5. Reduced the bank loan by $1000. 6. Paid $50 interest on the loan to M. Hoysted. (Note: This payment is an interest charge. It does not reduce the amount owed to M. Hoysted.) 7. Paid the balance owing to Consumers' Supply: 8. Bought on credit a new office chair for $225 from Nu-Style Furniture. The bill is due in 30 days. d) Calculate the account balances and balance the ledger by taking off a trial balance dated December 31, 2014. Use the template below: ACCOUNTS DEBIT CREDIT