Set-Wk4 E4-1. Transaction Analysis. The following transactions are taken from the books of Miller Manufacturing. a) Bought office equipment with cash, $30,000. b) Bought supplies on credit from a vendor, $15,000. c) Sold goods for cash, $40,000 (ignore the inventory and cost of goods sold entry of this transaction). d) Bought raw materials from a supplier on account, $22,000. e) Sold goods to customers on account, $65,000 (ignore the inventory and cost of goods sold entry of this transaction). f) Purchased raw materials by issuing a note payable, $14,000. g) Paid cash toward note payable balance, $4,000. h) Received cash from customer to apply to credit account balance, $3,000. i) Paid for accounting and legal fees in cash, $5,000. j) Paid salaries in cash, $12,000. Show the effect of each transaction on assets, liabilities, and equity using the accounting equation E4-10. Transaction Analysis; Journal Entries and Posting to T-Accounts. Hartman Housewares Company began the current year with the following account balances: Cash $70,000 Accounts Receivable 25,000 Supplies 5,000 Accounts Payable 28,000 Common Stock 32,000 Retained Earnings 40,000 The following transactions were completed during the current year. a) Bought office equipment with cash, $10,000. b) Bought supplies on credit from a vendor, $5,000. c) Sold goods for cash, $12,000 (ignore the inventory and cost of goods sold entries of this transaction). d) Bought raw materials from a supplier on account, $2,000. e) Sold goods to customers on account, $6,000 (ignore the inventory and cost of goods sold entries of this transaction). f) Purchased raw materials by issuing a note payable, $3,000. g) Paid cash toward note payable balance, $500 h) Received cash from customer to apply to credit account balance, $3,000. i) Paid for accounting and legal fees in cash, $400. j) Paid salaries in cash, $1,000. Required: Show the effect of each transaction on assets, liabilities, and equity using the accounting equation. Prepare journal entries. Omit explanations. Post each transaction to t-accounts. Determine the ending balances for each account E4-13. Adjusted Trial Balance. Using the information provided in E4-12, prepare an adjusted trial balance for Fanatical Fashions as of December 31