On March 1, 20Y1, Sadie May established Pampered Pet, which completed the following transactions during the month:

a. Sadie May transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $10,000.

b. Purchased supplies on account, $500.

c. Earned sales commissions, receiving cash, $6,125.

d. Paid rent on office and equipment for the month, $1,900.

e. Paid creditor on account, $300.

f. Paid dividends, $1,500.

g. Paid automobile expenses (including rental charge) for month, $750 and miscellaneous expenses, $200.

h. Paid office salaries, $1,550.

i. Determined that the cost of supplies used was $363.

Instructions
1. Journalize entries for transactions (a) through (i), using the following account titles: Cash, Supplies, Accounts Payable, Common Stock, Dividends, Sales Commissions, Rent Expense, Office Salaries Expense, Automobile Expense, Supplies Expense, and Miscellaneous Expense.

2. Prepare T accounts, using the account titles in part (1). Post the journal entries to these accounts, placing the appropriate letter to the left of each amount to identify the transaction. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance.

3. Prepare a trial balance as of March 31, 20Y1.