Post the following Transactions to the T-accounts. Transaction 1 has been done for you Transactions for April 2018 1 On April 1, 2018, Redmond Corporation, an information technology (IT) consulting company, received $650,000 cash from Ron Larson, and the business issued common stock to him On April 3, Redmond paid $225,000 cash for land. Redmond purchased $1,250 of office supplies on account on April 5 On April 6, Redmond provided IT consulting services for a client and collected $12,000 2 3 4 cash 5 Redmond provided IT consulting services of $14,000 for clients on April 7. The clients will pay Redmond in the future. 6 Redmond paid cash expenses on April 10: salaries of $8,000 and office rent of $5,000. 7 On April 12, Redmond paid $750 on the accounts payable created in Transaction #3. 8 Redmond collected $3,000 cash on April 14 from a client in transaction #5 9 On April 16, Redmond paid $2.500 for dividends. 10 On April 18, Redmond prepaid office rent of $15,000 for the months of May, June and July 11 Redmond paid $8,000 salaries to employees on April 20. 12 Redmond purchased a building for $520,000 on April 25. A note payable was issued for the entire amount 13 On April 26, Redmond received a contribution of furniture with a fair market value of $25,000 from Ron Larson, who received common stock in exchange. 14 Redmond received a cell phone bill for $1.100 on April 28, and will pay this amount in May. Use Utilities Payable 15 On April 30, Redmond paid employee salaries of $8,000 16 Redmond meets with a client on April 30, who pays $22,000 in advance for consulting services to be performed during May and June ords 3:36 PM /13/2018 ype here to search