Post the following Transactions to the below T-Accounts:

(a) Began the business by depositing $25,000 of his personal funds in a bank account opened in the name of the business. - This Transaction has been posted as an example

(b) Purchased insurance for the year for $4,200.

(c) Paid three months rent in advance on a shop building, $2,250.

(d) Purchased shop machinery costing $24,000. Paid $10,000 in cash and signed a promissory note payable for the balance.

(e) Purchased shop materials costing $5,000 on credit.

(f) Delivered cabinetwork to a customer and collected $2,500 cash on delivery.

(g) Delivered $3,000 of cabinetwork to a customer, Tim Davis. Davis paid $1,000 in cash at delivery and promised to pay the balance within a few days.

(h) Sold Tanvir Gill cabinets worth $7,500. $1,000 was paid in cash and the remaining $6,500 is to be paid in two equal installments in October and November.

(i) Received $500 from A&C Lighting for repairs to their cabinetry.

(j) Paid employee wages for the first half of the month, $3,500.

(k) Completed and delivered cabinetwork to Junjie Leung on credit for $4,000.

(l) Received the $2,000 check from Tim Davis for the balance due on the work delivered earlier this month.

(m) Purchased additional shop supplies on credit for $1,500.

(n) Junjie Leung paid for the work delivered to him on credit earlier this month, $4,000.

(o) Paid $5,000 for the shop supplies purchased on credit earlier this month.

(p) Paid the wages of the employees for the last half of the month, $3500.

(q) Paid the hydro bill, $400.

(r) Purchased $3,000 of materials needed to make cabinets on credit.

(s) Received $400 from Gurjot Singh for repairs to cabinetry

(t) James T Picard withdrew $4,000 for personal expenses.

(u) Paid DS Delivery Services $350 for delivery services during the month.

(v) Provided Tanvir Gill with a $250 credit to account for some minor flaws in workmanship.

(w) Took out a $10,000 bank loan to take advantage of a bulk sales discount on shop materials.

(x) Bought $9,000 of shop materials.

(y) Paid $1,500 for shop materials purchased earlier in the month.

100 - Cash (Debit)	100 - Cash (Credit)	101 - Accounts Receivable (Debit)	101 - Accounts Receivable (Credit)	102 - Prepaid Rent (Debit)	102 - Prepaid Rent (Credit)	103 - Prepaid Insurance (Debit)	103 - Prepaid Insurance (Credit)	104 - Shop Materials (Debit)	104 - Shop Materials (Credit)	105 - Shop Machinery (Debit)	105 - Shop Machinery (Credit)
(a) 25,000

200 - Accounts Payable (Debit)	200 - Accounts Payable (Credit)	201 - Notes Payable (Debit)	201 - Notes Payable (Credit)	202 - Loans Payable (Debit)	202 - Loans Payable (Credit)	300 - James T. Picard. Cap. (Debit)	300 - James T. Picard. Cap. (Credit)	301 - James T. Picard, W/D (Debit)	301 - James T. Picard, W/D (Credit)	400 - Revenue - Cabinet Sales (Debit)	400 - Revenue - Cabinet Sales (Credit)
							(a) 25,000

401 - Revenue - Cabinet Repairs (Debit)	401 - Revenue - Cabinet Repairs (Credit)	500 - Wages Expense (Debit)	500 - Wages Expense (Credit)	501 - Delivery Expense (Debit)	501 - Delivery Expense (Credit)	502 - Hydro Expense (Debit)	502 - Hydro Expense (Credit)	503 - Insurance Expense (Debit)	503 - Insurance Expense (Credit)	504 - Rent Expense (Debit)	504 - Rent Expense (Credit)

505 - Supplies Expense (Debit)	505 - Supplies Expense (Credit)	506 - Depreciation Expense (Debit)	506 - Depreciation Expense (Credit)	106 - Accumulated Depreciation (Debit)	106 - Accumulated Depreciation (Credit)