Spicewood Stables, Inc., was established in Dripping Springs, Texas, on April 1. The company provides stables, care for animals, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April are provided for your review. a. Received contributions from investors and issued $170,000 of common stock on April 1. b. Acquired a barn for $233,000. On April 2, the company paid half the amount in cash and signed a three-year note payable for the balance. c. Provided $18,500 in animal care services for customers on April 3, all on credit. d. Rented stables to customers who cared for their own animals; received cash of $17,000 on April 4 for rent earned this month. e. On April 5, received $3,650 cash from a customer to board her horse in May, June, and July (record as Deferred Revenue). f. Purchased and received hay and feed supplies on account on April 6 for $4,400. g. Paid $3,140 on accounts payable on April 7 for previous purchases. h. Received $1,340 from customers on April 8 on accounts receivable. i. On April 9, prepaid a two-year insurance policy for $5,000 for coverage starting in May. j. On April 28, paid $1,700 in cash for water and utilities used this month. k. Paid $14,300 in wages on April 29 for work done this month. 1. Received an electric utility bill on April 30 for $2,120 for usage in April, the bill will be paid next month. Reg 1 Reg 2 Reg 3 Res 40 Reg 4B Post the transaction activity from requirement 1 to the T-Accounts below. All accounts begin with zero balances because this is the first month of operations. Cash Accounts Receivable Beg Bal TO Beg Bal 0 End. Bal End. Bal Supplies Prepaid Insurance Beg Bal Beg Bal End. Bal End. Bal Buildings Accounts Payable Beg Bal Beg Bal End. Bal End. Bal Deferred Revenue Notes Payable (long-term) Beg Bal Beg Bal End. Bal End. Bal Common Stock Service Revenue Beg Bal Beg Bal End. Bal End. Bal Rent Revenue Utilities Expense Beg Bal Beg Bal End. Bal End. Bal Salaries and Wages Expense Beg Bal End. Bal