You have been hired as the accountant for a newly formed real estate company called Antsy Real Estate Limited. The following business transactions occurred during the month of September, 2015: 1.Shareholders invested $35,000 in cash for 35,000 common shares to start the corporation 2.Signed a lease for office space, at $9,500 per year for five years. 3 Paid $250 cash for office supplies. 4 Purchased office equipment for $12,000, paying $7,000 in cash and signing a 30-day bank loan payable for the balance. 5 Purchased $200 of office supplies on account 6.Real estate commissions billed to clients totalled $9,700. 7. Paid $700 cash for the current month's rent. 8.Paid $100 cash on account for office supplies purchased in transaction 5. 9.Received a bill for $500 for advertising for the current month. 10 Paid $3,500 cash for office salaries. Blue Ink Ltd. sells many products. Hoot is one of its popular items. Below is an analysis of the inventory purchases and sales of Hoot for the month of March Blue Ink Ltd. uses the perpetual inventory system Purchases Sales Units Unit CostUnitsSelling Price Unit Mar 1Beginning inventory600$40 3Purchase10060 4Sales 190$80 10Purchase10066 16Sales275120 19Sales220120 25Sales 75120 You have been hired as the accountant for a newly formed real estate company called Antsy Real Estate Limited. The following business transactions occurred during the month of September, 2015: 1.Shareholders invested $35,000 in cash for 35,000 common shares to start the corporation 2.Signed a lease for office space, at $9,500 per year for five years. 3 Paid $250 cash for office supplies. 4 Purchased office equipment for $12,000, paying $7,000 in cash and signing a 30-day bank loan payable for the balance. 5 Purchased $200 of office supplies on account 6.Real estate commissions billed to clients totalled $9,700. 7. Paid $700 cash for the current month's rent. 8.Paid $100 cash on account for office supplies purchased in transaction 5. 9.Received a bill for $500 for advertising for the current month. 10 Paid $3,500 cash for office salaries. Blue Ink Ltd. sells many products. Hoot is one of its popular items. Below is an analysis of the inventory purchases and sales of Hoot for the month of March Blue Ink Ltd. uses the perpetual inventory system Purchases Sales Units Unit CostUnitsSelling Price Unit Mar 1Beginning inventory600$40 3Purchase10060 4Sales 190$80 10Purchase10066 16Sales275120 19Sales220120 25Sales 75120