Current Attempt in Progress Monty Corp. provides security services. Selected transactions for Monty Corp. are presented below. Oct. 1 Issued common stock in exchange for $60,700 cash from investors. 2 Hired part-time security consultant. Salary will be $1,800 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $1,800. 7 Purchased equipment for $16,600, paying $3,700 cash and the balance on account. 8 Paid $1,300 for advertising. 10 10 Received bill for equipment repair cost of $380. 12 Provided security services for event for $2,900 on account. 16 Purchased supplies for $380 on account. 21 24 24 Received and paid utility bill for $136. Paid balance due from October 7 purchase of equipment. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4,700. (b) Your answer is partially correct. Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the previous part. For accounts with zero balance select "Balance" from the list and enter "0" or leave it blank.) Cash Oct. 1 Balance Accounts Receivable Oct. 12 Oct. 27 Supplies Oct. 16 Equipment 60700 Oct. 12 Oct. 16 Oct. 21 12900 Oct.24 136 Oct. 27 2900 4700 20636 $7500 Balance 2900 Oct. 7 16600 Accounts Payable Oct. 7 Oct. 10 12900 Oct. 21 12900 380 Oct. 16 380 Balance Common Stock Oct. 1 Service Revenue Oct. 12 Advertising Expense Oct. 8 Salaries and Wages Expense Oct. 31 Maintenance & Repairs Expense Oct. 10 Rent Expense Oct. 4 Utilities Expense Oct.24 13660 Balance 60700 2900 1300 4700 1800