Transaction Analysis and Trial Balance Make T-accounts for the following accounts that appear in the general ledger of Mead Pet Hospital, owned by R. Mead, 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. Mead opened a checking account on December 1 at United Dec 1. Bank, in the name of Mead Pet Hospital and deposited cash. Mead received common stock for his investment. 2. Paid office rent for December. 3. Purchased office equipment on account. 4. Purchased supplies for cash. 5. Billed clients for services rendered. 6. Paid secretary's salary. 7. Paid on account for equipment purchased on Dec. 3. 8. Collected from clients previously billed for services. 9. Paid stockholders a cash dividend. $25,000.- 1,100 2,900.- 2,500.- 8,500 - 1.950 1,500.- 6.000.- 2,500.- D (Ctrl) - I HYSIM... Online Flight Plan... Business Course * Return to course 9 Paid stockholders a cash dividend. 2,500 + Accounts Receivable + Supplies Retained Earnings S 19) 2.500 0 2.500 Accounts Receivable 8500 2.500 l