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The items making up the balance sheet of Phillips Tmck Rental at December 31 are listed below in tabular form. Assets - Liabilities + Whats ' Equity Accounts Off ice Notes Accounts Cash + Rncnivahl + Equipment + Trucks - Payable + Paynh la + Capital Stock Balances $9,500 $13,900 $3,000 $00,000 $20,000 $10,200 $65,000 During a short period after December 31. Phillips Truck Rental had the following transactions. 1 2 3 4. 5 6 Required: b. Record the effects of each of the six transactions in the preceding tabular arrangement. {Enter decreases to accounts as a negative} 1. Sale noes 2. Bala noes 3. Sale noes 4. Bala noes 5. Sale noes 6. Sale noes December 31 bala noes $ 0.500 $ 0.500 $ 0.500 $ $ $ 0.500 $ 13.900 0 13.900 $ 13.900 0 13.900 $ 13.900 $ 13.900 $ 13.900 Bought office equipment at a cost of $2,800. Paid cash. Collected $5.300 of accounts receivable. Paid $2.600 of accounts payable. Borrowed $20,000 from a bank. Signed a note payable for that amount. Purchased two trucks for $31,000. Paid $15,000 cash and signed a note payable for the balance. Sold additional stock to investors for $89,000. $ 3.000 $ 3.000 0 3.000 $ 3.000 $ 3.000 $ 3.000 $ 60.000 0 03.000 $ 60.000 0 03.000 $ 60.000 $ 60.000 $ 60.000 $ 20.000 0 20.000 $ 20.000 0 20.000 $ 20.000 $ 20.000 $ 20.000 $ 10.200 0 10.200 $ 10.200 0 10.200 $ 10.200 $ 10.200 $ 10.200 $ 65.000 $ 65.000 $ 65.000 0 65.000 $ 65.000 $ 65.000 $ 65.000