Prepare a transaction analysis using T-accounts. 4 Mar. 1 Invested $20,000 cash in the business. 3 Purchased Rainbow Golf equipment for $15,000 cash. Purchased a one-year insurance policy for $900. 5 Paid advertising expenses of $900. 10 Purchased golf discs and other equipment for $1,050 from Stevenson Company payable in 30 days. 18 Received $1,100 in cash for golf fees (Holz records golf fees as service revenue). 19 Sold 150 rounds of disc golf for $10 each. 25 Withdrew $800 cash for personal use. 29 Paid salaries of $250. 30 Paid Stevenson Company in full. 31 Received $2,700 cash for golf fees. Holz Disc Golf uses the following accounts: Cash, Prepaid Insurance, Equipment, Accounts Payable, Owner's Capital, Owner's Drawings, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Instructions Prepare a transaction analysis using T-accounts. P3-2 (LO 2), AP Emily Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. Prepare a transaction analysis using T-accounts. 2 April 1 Invested $20,000 cash in her business. 1 Hired an administrative assistant at a salary of $700 per week payable monthly. Paid office rent for the month $1,100. 3 Purchased dental supplies on account from Dazzle Company $4,000. 10 Performed dental services and billed insurance companies $5,100. Received $1,000 cash from Leah Mataruka for a dental implant. 20 Received $2,100 cash for services performed from Michael Santos. 29 Paid administrative assistant for the month $2,800. 30 Paid $2,400 to Dazzle for accounts payable due. Emily uses the following chart of accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Owner's Capital, Service Revenue, Salaries and Wages Expense, and Rent Expense. 11 Instructions Prepare a transaction analysis using T-accounts