Required information [The following information applies to the questions displayed below.] In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $9,500 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. g. 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). Post the effects to the appropriate T-accounts. Cash 10.000 Account Receivable 12,500 Jan 1 Jan 1 Jan 31 10,000 Jan 31 12,500 Supplies 800 Equipment 5.000 Jan 1 Jan 1 Jan 31 800 Jan 31 5,000 Accounts Payable 5.000 Deferred Revenue 2.500 Jan 1 Jan 1 Jan 31 5,000 Jan 31 2.500 Notes Payable Common Stock 12.000 Jan 1 Jan 1 0 Jan 31 Jan 31 12.000 Service Revenue Retained Earnings 8,800 Jan 1 Jan 1 Jan 31 8.800 Jan 31 Utilities Expense Jan 1 Jan 31