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On January 1 , 2 0 1 9 , Sharon Matthews established Tri - City Realty, which completed the following transactions during the month: Jan.

On January 1,2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month:
Jan. 1 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $30,500.
2 Paid rent on office and equipment for the month, $2,650.
3 Purchased supplies on account, $2,200.
4 Paid creditor on account, $900.
5 Earned fees, receiving cash, $14,660.
6 Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses, $570.
7 Paid office salaries, $2,000.
8 Determined that the cost of supplies used was $1,150.
9 Withdrew cash for personal use, $2,600.
Post the journal entries to the T accounts, selecting the appropriate date to the left of each amount to identify the transactions. Determine the account balances after all posting is complete. Accounts containing only a single entry do not need a balance.

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