Transaction Analysis and Trial Balance Make T-accounts for the following accounts that appear in the general ledger of The Dog & Cat Hospital, owned by Kate Miller, a veterinarian: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Professional Fees Earned; Salaries Expense; and Rent Expense. Using the accounting equation, record each of the transactions in columnar format. Prepare journal entries and record the following December transactions in the T-accounts and key all entries with the number identifying the transaction. Finally, determine the balance in each account and prepare a trial balance as of December 31. Dec 1 Miller opened a checking account on December 1 at Biltmore Bank, in the name of The Dog & Cat Hospital and deposited cash. Miller received common stock for her investment. 2 Paid office rent for December. 3 Purchased office equipment on account. 4 Purchased supplies for cash. $29,000 1,900 3,300 2,300 5 Billed clients for services rendered. 7,700 6 Paid secretary's salary. 2,350 7 Paid on account for equipment purchased on Dec. 3. 1,900 8 Collected from clients previously billed for services. 6,200 9 The firm paid stockholders a cash dividend. 3,400