P 1-1 The following balances appeared on the transactions worksheet of Hill Chairs Inc. on April 1, 2019 ASSETS LIABILITY+ EQUITY Accounts Prepaid UnusedAccounts Comm Retained Cash + Receivable + Expense Supplies Payable + Stock + Earnings 350 1,400 3,600 1,000 2,000 4,350 The following transactions occurred during April: a. Collected $2,000 cash in satisfaction of an amount owed by a customer b. Billed $3,000 to customers for chairs rented to date c. Paid the following expenses: advertising, $300; salaries, $2,000; telephone, $100 d. Paid half of the accounts payable e. Received a $500 bill for April truck operating expenses f. Collected $2,500 in satisfaction of an amount owed by a customer g. Billed $1,500 to customers for chairs rented to date h. Transferred $500 of prepaid expenses to rent expense i. Counted $200 of supplies still on hand (recorded the amount used as an expense) j. Issued additional common stock and received $1,000 cash k. Paid $200 dividend in cash. Required: Record the opening balances and the above transactions on a transactions worksheet and calculate the total of each column at the end of April. (Use the headings above on your worksheet.)