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TRANSACTIONS a. Brock Invested $151000 In cash to start the business. b. Pald $5.100 for the current morth's rent C. Bought office furniture for $15,820
TRANSACTIONS a. Brock Invested $151000 In cash to start the business. b. Pald $5.100 for the current morth's rent C. Bought office furniture for $15,820 In cash. d. Performed services for $7,300 In cash e. Pald $1160 for the monthly telephone bll. f Performed services for $13,100 on credit. g. Purchased a computer and copier for $36,200, paid $12100 In cash immedlately with the balance due In 30 days h. Recelved $6,550 from credit clients. L. Pald $3100 in cash for office cleaning services for the month. J. Purchased additional office chalrs for $4,900; recelved credit terms of 30 days. k. Purchased office equipment for $31.000 and pald half of this amount in cash Immedlately, the balance Is due In 30 days. L Issued a check for $8,500 to pay salarles m. Performed services for $13,600 In cash. n. Performed services for $15,100 on credit o. Collected $7,100 on accounts recelvable from charge customers. p. Issued a check for $2450 In partial payment of the amount owed for office chalrs. q. Pald $610 to a duplicating company for photocopy work performed during the r. Pald $1130 for the monthly electric bill. s. Brock withdrew $8100 In cash for personal expenses. Post the above transactions Into the appropriate T accounts. Transaction 3. Pald the current month's office rent of $3,700. Transaction 4. Completed professional counseling, billed client for $4300
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