A company engaged in the following transactions: 

Dec. 1 Performed services for cash, $750 

1 Paid expenses in cash, $550 

2 Performed services on credit, $900 

3 Collected on account, $600 

4 Incurred expenses on credit, $650 

5 Paid on account, $350 

Enter the correct titles on the following T accounts and enter the above transactions in the accounts. Determine the cash balance after these transactions, the amount still to be received, and the amount still to be paid. 

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Cash Purchase Cash Sale Credit Purchase Credit Sale Collection on Account Payment on Account