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ssignment/takeAssignmentMain.do?invoker assig nments&takeAssignmentsessionLocator-assignment-t false Transactions On September 1 of the current year, Joy Tucker established a business to a. Opened a business bank account with
ssignment/takeAssignmentMain.do?invoker assig nments&takeAssignmentsessionLocator-assignment-t false Transactions On September 1 of the current year, Joy Tucker established a business to a. Opened a business bank account with a deposit of $36,000 in exchange for common stock manage rental property. She completed the following transactions during b. Purchased office supplies on account, $3,210 Received cash from teen eamed for mnaging rental property, $9,130 d Pald rent on office and equipment for the month, $3,940 e. Paid creditors on account$1.460 t Biled customers for fees earned for managing rental property, $7,300 ) Paid automobile expenon for month, $8B0, and miscellianeous expenses, $440 h. Paid office salaries, $2,770, L Determined that the cost of supplies on hand was $1,900 therefore, the cost of supplies used was s1 310 Pald dividends $2,630 Required 1. Indicate the effect of each transaction and the balances after each transaction For those boxes in which no entry is required, leave the box blank For those boxes in ntich you must soter subtractive or negative numbers use a minus sign. (Example-300 Liabilities+ Accounts CommonDividends Fd Expense Expen Payable As5el sal. ttem Cash Rernivable Supplies + stock
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