Required information [The following information applies to the questions displayed below.] In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $14,600 cash for consulting services rendered in January. b. Issued common stock to investors for $9,000 cash. c. Purchased $16,400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $11,500 cash for consulting services to be performed in February. e. Bought $1,360 of supplies on account. f. Received utility bill for January for $1,910, due February 15. 9. Consulted for customers in January for fees totaling $22,900, due in February h. Received $12,200 cash for consulting services rendered in December 1. Paid $680 toward supplies purchased in (e). Account Title Debit Credit Cash $15,000 Accounts Receivable 11,500 Supplies 880 Equipment 8,700 Accounts Payable $ 7,350 Unearned Revenue 2,650 Note Payable 0 Common Stock 11,000 Retained Earnings 15,080 Service Revenue 0 Utilities Expense 0 Enter the beginning account balances and post the effects to the appropriate T-accounts and determine ending account balances, Cash Account Receivable 2. Enter the beginning account balances and post the effects to the appropriate T-accounts and determine ending account balances. Cash Account Receivable 11,500 Beg. Bal Beg. Bal (a) (b) 15,000 14,600 9,000 End. Bal 11,500 End. Bal 38,600 Supplies 880 Beg. Bal Beg. Bal Equipment 8,700 16,400 1,360 ces End. Bal 2.240 End. Bal 25,100 Beg. Bal Accounts Payable 7,350 1,360 (e) Beg. Bal Unearned Revenue 2,650 11,500 (d) End. Bal 8,710 End. Bal 14,150 Note Payable Common Stock 14 l