Put journal entries:

Date Description (Account Name) Debit Credit 1-Oct Cash 12,000 1-Oct Common Stock 12,000 1-Oct Insurance Expense 1,200 Cash 1,200 1-Oct Store Rent Expense 1,040 Cash 1,040 3-Oct Equipment 4,400 3-Oct Cash 600 Accounts Payable 3,800 8-Oct Office Supplies 390 Accounts Payable 390 12-Oct Utility Expense 154 Cash 154 16-Oct Cash 1,362 Bicycle Repair Revenue 1,362 19-Oct Dep-Expense Repai Equipment 200 Cash 200 31-Oct Cash 1,350 Bicycle Repair Revenue 1,350 31-Oct Dividens 800 Cash 800

Into T accounts and compute ending balances :

Cash (111)	Bicycle Repair Revenue (411)
Prepaid Insurance (117)	Store Rent Expense (511)
Repair Supplies (119)	Utility Expense (512)
Repair Equipment (144)	Insurance Expense (513)
Accum. Depr.-Repair Equipment (145)	Repair Supplies Expense (514)
Accounts Payable (212)	Depr. Exp.-Repair Equipment (515)
Income Taxes Payable (213)	Income Taxes Expense (516)
Common Stock (311)
Retained Earnings (312)
Dividends (313)

22,896

22,896