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Required information E3-18 and E3-19 Posting to T-Accounts and Creating an Unadjusted Trial Balance [LO 3-3, LO 3-4) (The following information applies to the questions

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Required information E3-18 and E3-19 Posting to T-Accounts and Creating an Unadjusted Trial Balance [LO 3-3, LO 3-4) (The following information applies to the questions displayed below.) In January, Tongo, Inc., a branding consultant, had the following transactions a. Received $9,500 cash for consulting services rendered in January. b. Issued common stock to investors for $10,000 cash. c. Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $7,500 cash for consulting services to be performed in February. e. Bought and received $1,000 of supplies on account f. Received utility bill for January for $1,250, due February 15. 9. Consulted for customers in January for fees totaling $15,900, due in February h. Received $12,000 cash for consulting services rendered in December. i. Paid $500 toward supplies purchased in (e). E3-18 Posting to T-Accounts [LO 3-3)

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