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Required information [The following information applies to the questions displayed below.) In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $9,800

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Required information [The following information applies to the questions displayed below.) In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $9,800 cash for consulting services rendered in January. b. Issued common stock to investors for $14,000 cash. c Purchased $15,500 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $10,200 cash for consulting services to be performed in February. e. Bought and received $1,820 of supplies on account. & Received utility bill for January for $1,430, due February 15. g. Consulted for customers in January for fees totaling $18,200, due in February. h. Received $17,900 cash for consulting services rendered in December I Paid $910 toward supplies purchased in (e). Prepare an unadjusted trial balance for Tongo, Inc. for the month ended January 31. TONGO, INC. Unadjusted Trial Balance Account Name Debit Credit T co Prepare an unadjusted trial balance for Tongo. Inc. for the month ended January 31. TONGO, INC. Unadjusted Thal Balance Account Name Debit Credit Totals $ 0 0 Sved ework Post the effects to the appropriate T-accounts. Cash 17,400 Account Receivable 17 400 Jan 1 Jan 1 Jan 31 17,400 Jan 31 17,400 Supplies 1,270 Equipment 7,250 Jan 1 Jan 1 Jan 31 1,270 Jan 31 7,250 Accounts Payable 7,150 Deferred Revenue 3,150 Jan 1 Jan 1 Jan 31 7150 Jan 31 3.150 Required information Jan 31 7,150 Jan 31 3,150 Notes Payable Common Block 16,000 Jan 1 Jan 1 Jan 31 0 Jan 31 16,000 Service Revenue Retained Earnings 17,020 Jan 1 Jan 1 Jan 31 17.020 Jan 31 0 Utilities Expense Jan 1 Jan 31 0

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