Required information Use the following information for Exercises 17-18 below. (Algo) [The following information applies to the questions displayed below.] The transactions of Belle Co.'s appear below. 1. D. Belle created a new business and invested $6,300 cash, $7,200 of equipment, and $11,400 in web servers in exchange for common stock. 2. The company paid $4,500 cash in advance for prepaid insurance coverage. 3. The company purchased $700 of supplies on credit. 4. The company paid $900 cash for selling expenses. 5. The company received $5,400 cash for services provided. 6. The company paid $700 cash toward accounts payable. 7. The company paid $3,800 cash for equipment. Exercise 2-17 (Algo) Entering transactions into T-accounts LO A1 Fill in each of the following T-accounts for Belle Co's seven transactions listed here. The T-accounts represent Belle Co.'s general ledger. Code each entry with transaction number 1 through 7 (in order) for reference. Answer is not complete. Cash Equipment 1. 6,300 3,800 ( 1. 7,200 7. 3,800 5. 5,400 End. bal. 7,900 End. bal. 11,000 Common Stock Supplies 3. 700 9 5. Required information Cash 6,300 5,400 End. bal. 7,900 End. bal. Equipment 3,800 7. 1. 7,200 7. 3,800 End. bal. 11,000 Common Stock Supplies 3. 700- + Web Servers 1. 11,400 End. bal. 11,400 2. Prepaid Insurance 4,500 End. bal. 4,500 4. Selling Expense 900 End. bal. 900 End. bal. 700 Services Revenue End. bal. Accounts Payable 6. 700 End. bal. 700