Instructions:Prepare T accounts for each account.Analyze transactions into debit and credit parts. Write the amounts in the proper T account to show how eachtransaction changes account balances. Write the date of the transaction in parentheses before each amountCashJoan Weber, DrawingAccounts Receivable-Central PropertiesSalesAccounts Receivable-Clifton Care CenterAdvertising ExpenseMiscellaneous ExpenseRent ExpenseSuppliesPrepaid InsuranceAccounts Payable-Davis Office SuppliesAccounts Payable-Huff SuppliesRepair ExpenseUtilities ExpenseJoan Weber, CapitalJune1: Joan Weber invested $8,000.00 cash in the business.2: Bought supplies and paid $120.00 cash.3: Paid cash for rent, $400.004: Sold services for cash, $800.005: Had mower repaired for $50.00 cash.8: Performed $500.00 of services for Central Properties on account.9: Bought supplies from Huff Supplies for $1,000.00 on account.10. Paid insurance bill, $200.00 cash.11. Joan Weber invested an additional $1,000.00 in the business12. Received $600.00 cash from sales.13. Bought supplies on account from Davis Office Supplies, $100.0014. Central Properties paid $250.00 on account.15. Paid $10.00 for a miscellaneous expense.16. Paid Huff Supplies $100.00 on account22. Paid the electric bill, $70.0023. Ran an ad in the paper for $60.0025. Sold services on account to Clifton Care Center, $400.0026. Joan Weber withdrew $1,200.00 for her personal use.30. Received cash on account from Clifton Care Center, $200.00

Name: Instructions:Prepare T accounts for each account.Analyze transactions
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Instructions:Prepare T accounts for each account.Analyze transactions into debit and credit parts. Write the amounts in the proper T account to show how eachtransaction changes account balances. Write the date of the transaction in parentheses befor