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On January 1, Merry Walker and other stockholders established a catering service. Listed below are accounts to use for transactions (a) through (1), each identified

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On January 1, Merry Walker and other stockholders established a catering service. Listed below are accounts to use for transactions (a) through (1), each identified by a number. Following this list are the transactions that occurred in Walker's first month of operations. You are to indicate for each transaction the accounts that should be debited and credited by placing the account number(s) in the appropriate box (if more than one account is applicable, enter the numbers separated by a comma and without any space e.g. *1,3"). Transactions a. Stockholders purchased shares of common stock. b. Paid rent for the period of January 3 to the end of the month. c. Purchased truck for $30,000 with a cash down payment of $5,000 and the remainder on a note. d. Purchased equipment on account

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