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The following transactions were completed by Jacque Hamon, an educational consultant. Analyze each transaction and enter the amounts in the proper debit and credit positions

The following transactions were completed by Jacque Hamon, an educational consultant. Analyze each transaction and enter the amounts in the proper debit and credit positions in the T accounts at the right. (a) Invested $3,000 cash in the business. Cash Jacque Hamon, Capital (b) Received $1,000 in cash for consulting services Cash Professional Fees rendered. (c) Bought office equipment from Gusse Supply Co. Office Equipment Accounts Payable on account, $500. (d) Paid electric bill, $75. Cash Utilities Expense

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