[The following information applies to the questions displayed below.]

In January, Tongo, Inc., a branding consultant, had the following transactions.

1. Received $13,200 cash for consulting services rendered in January.
2. Issued common stock to investors for $8,000 cash.
3. Purchased $11,200 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years.
4. Received $11,800 cash for consulting services to be performed in February.
5. Bought and received $1,750 of supplies on account.
6. Received utility bill for January for $2,060, due February 15.
7. Consulted for customers in January for fees totaling $19,900, due in February.
8. Received $13,300 cash for consulting services rendered in December.
9. Paid $875 toward supplies purchased in (e).

Post the effects to the appropriate T-accounts.

Post the effects to the appropriate T-accounts. Cash Account Receivable Jan 1 14,200 Jan 1 17,200 Jan 31 14,200 Jan 31 17,200 Supplies 1,260 Equipment 4,800 Jan 1 Jan 1 Jan 31 1,260 Jan 31 4,800 Deferred Revenue Accounts Payable 6,100 Jan 1 Jan 1 3,250 Jan 31 6,100 Jan 31 3,250 Notes Payable Common Stock 10,000 Jan 1 Jan 1 Jan 31 0 Jan 31 10,000 Service Revenue Retained Earnings 18,110 Jan 1 Jan 1 Jan 31 18,110 Jan 31 0 Utilities Expense Jan 1 Required information [The following information applies to the questions displayed below.] In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $13,200 cash for consulting services rendered in January. b. Issued common stock to investors for $8,000 cash. c. Purchased $11,200 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $11,800 cash for consulting services to be performed in February. e. Bought and received $1,750 of supplies on account. f. Received utility bill for January for $2,060, due February 15. g. Consulted for customers in January for fees totaling $19,900, due in February. h. Received $13,300 cash for consulting services rendered in December. i. Paid $875 toward supplies purchased in (e)