Required information [The following information applies to the questions displayed below.) In January, Tongo, Incorporated, a branding consultant, had the following transactions. a. Received $16,600 cash for consulting services rendered in January. b. Issued common stock to investors for $15,000 cash. c. Purchased $16,100 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $12,500 cash for consulting services to be performed in February e. Bought and received $1,550 of supplies on account. Received utility bill for January for $1,960, due February 15. g. Consulted for customers in January for fees totaling $19,600, due in February. h. Received $14,300 cash for consulting services rendered in December. Paid $775 toward supplies purchased in (e). Required: For each transaction, post the effects to the appropriate T-accounts. Cash Account Receivable Credit Debit Credit January 1 21,700 Debit January 1 12,300 January 31 12,300 January 1 Debit January 31 21,700 Equipment Credit Supplies Credit Debit 1,090 January 11 7,650 January 311 1,090 January 31 7,650 January 1 January 31 Debit Debit January 1 January 311 Accounts Payable Notes Payable Credit Debit 5,500 January 11 5,500 January 31 Deferred Revenue Credit 2,800 2,800 Common Stock Credit Debit Credit January 1 17,000 January 31 17,000 January 1 January 31 Debit Debit January 11 January 31 Retained Earnings Credit Debit 17,440 January 1 17,440 January 31 Utilities Expense Credit Service Revenue Credit