Chapter 2 Problems i Saved Required information [The following information applies to the questions displayed below.] Part 2 of 2 Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $20,500 cash. After those seven transactions, the ledger included the following accounts with normal balances. 25 points Cash Office supplies Prepaid insurance Office equipment Accounts payable Common Stock Dividends Engineering fees earned Rent expense $ 44,144 800 4,900 11,200 11,200 20,500 3,376 41,000 8,280 eBook Print The following seven transactions produced the account balances shown above. a. Y. Min invested $20,500 cash in the business in exchange for common stock. b. Paid $8,280 cash for monthly rent expense for May. c. Paid $4,900 cash in advance for the annual insurance premium beginning the next period. d. Purchased office supplies for $800 cash. e. Purchased $11,200 of office equipment on credit (with accounts payable). f. Received $41,000 cash for engineering services provided in May. g. The company paid a $3,376 cash dividend. 2. Prepare a Cash T-account for the above transaction, and compute the ending Cash balance. Code each entry with one of the transaction codes a through g. Cash 0 Beg. Bal. End. Bal