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Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $73,000 cash in the business. 2.

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Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $73,000 cash in the business. 2. Paid $13,000 in cash for equipment 3. Performed services for cash amounting to $7,300. 4. Paid $2,100 in cash for advertising expense. 5. Paid $1,300 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (283) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. os Reg 1 Req 2 and 3 Select which two accounts are affected in each of the above transactions. Debit Credit Transactions Transaction 1 Transaction 2 Transaction 3 Transaction 4 Transaction 5 Post the above transactions into the appropriate T accounts. Cash Supplies Bal Bal. Equipment Haden Fry, Capital Bal. Bal. Fees Income Advertising Expense Bal Bal.

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