On September 1 of the current year, Joy Tucker established a business to manage rental property. She completed the following transactions during September: a. Opened a business bank account with a deposit of $42,000 in exchange for common stock. b. Purchased office supplies on account, $1,830. c. Received cash from fees earned for managing rental property, $5,150. d. Paid rent on office and equipment for the month, $2,250. e. Paid creditors on account, $830. f. Billed customers for fees earned for managing rental property, $4,170. g. Paid automobile expenses for month, $500, and miscellaneous expenses, $250. h. Paid office salaries, $1,580. i. Determined that the cost of supplies on hand was $1,080; therefore, the cost of supplies used was $750. j. Paid dividends $1,500. Required: 1. Indicate the effect of each transaction and the balances after each transaction: For those boxes in which no entry is required, leave the box blank. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300) Assets = Liabilities + Stockholders' Equity Item Cash + Accounts Receivable + Supplies = Accounts Payable + Common Stock - Dividends + Fees Earned Rent Sal. Expense Expense Supp. Expense Auto Expense Misc. Expense Item a. a. b. Bal. C. Bal. d. Bal. e. b. Bal. C. Bal. d. Bal. c.