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The transactions of Belle Companys appear below. D. Belle created a new business and invested $5,400 cash, $6,900 of equipment, and $12,000 in web servers.

The transactions of Belle Companys appear below.

  1. D. Belle created a new business and invested $5,400 cash, $6,900 of equipment, and $12,000 in web servers.
  2. The company paid $4,000 cash in advance for prepaid insurance coverage.
  3. The company purchased $700 of supplies on credit.
  4. The company paid $900 cash for selling expenses.
  5. The company received $5,400 cash for services provided.
  6. The company paid $700 cash toward accounts payable.
  7. The company paid $2,500 cash for equipment.

Fill in each of the following T-accounts for Belle Companys seven transactions listed here. The T-accounts represent Belle Companys general ledger. Code each entry with transaction number 1 through 7 (in order) for reference.

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