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The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction:

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The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction: Legal Services Inc., was started by selling $100,000 worth of common stock to investors and receiving cash. The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction: The Company provided legal services to its customer in the amount of $1,000 prior to receiving payment; the customer will pay next month. The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction: The Company purchased $250 worth of supplies on credit, the purchase was put "on account". The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction: Legal Services, Inc. received the electricity bill in the amount of $110 and paid by check. The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction: Legal Services, Inc. paid their employees by check for the week; the total salaries equaled $2,500.

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