Roberto Alvarez began a business called Roberto’s Fix-It Shop.

1. Create T accounts for Cash; Supplies; Roberto Alvarez, Capital; and Utilities Expense. Identify the following transactions by letter and place them on the proper side of the T accounts:

(a) Invested cash in the business, $6,000.

(b) Purchased supplies for cash, $1,200.

(c) Paid utility bill, $900.

2. Foot the T account for cash and enter the ending balance.