Record these transactions of the Global Filter Corp. company by recording the debit and credit entries directly in the T-accounts. Use the date for each transaction to identify the entries, placing the date in the left-hand cell and the amount in the right-hand cell on the appropriate side of the T-account. Then determine the balance of each account, and write 'Balance' (or 'Bal') next to it, in the left-hand cell on the appropriate side. February 1 : Judith Grimm (a shareholder), received share capital in Global Filter Corp., after investing $40,000 cash and $10,000 worth of supplies in Global Filter Corp. February 2 : Furniture was rented by a customer for $1,700 on credit. February 3 : Global Filter Corp. used $100 cash and $600 credit to purchase $700 of supplies. February 5 : Global Filter Corp. received this month's water utilities bill today and paid it immediately; $150. February 7 : Global Filter Corp. returned $100 of defective supplies today that were originally purchased for cash. February 9 : Global Filter Corp. received $600 towards payment for the services provided in transaction (b). February 11 : Global Filter Corp. paid $100 towards the bill from transaction (c). February 13 : Furniture was rented by a customer for $1,300 cash. February 14 : Global Filter Corp. received a bill today for this month's electrical utilities; $250. It will be paid within 30 days. February 16 : Global Filter Corp. used credit to purchase $700 of supplies.

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