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6 Required information Part 1 of 2 [The following information applies to the questions displayed below. In January, Tongo, Inc., a branding consultant, had the following transactions. 12.5 points a. Received $14,200 cash for consulting services rendered in January. b. Issued common stock to investors for $12,500 cash. c. Purchased $16,900 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $8,600 cash for consulting services to be performed in February e. Bought and received $1,950 of su Received utility bill for January for $1,440, due February 15. g. Consulted for customers in January for fees totaling $19,200, due in February. h. Received $13,800 cash for consulting services rendered in December. i. Paid $975 toward supplies purchased in (e) ook ies on accoun Hint Ask Post the effects to the appropriate T-accounts Post the effects to the appropriate T-accounts. XAnswer is not complete. Account Receivable 17,000 19,200 Cash Jan 1 Jan 1 16,800 4,225 975 13,800 14,200 12,500 8,600 13,800 22,400 Jan 31 Jan 31 60,700 Supplies 900 Equipment 7,100 16,900 Jan 1 Jan 1 1,950 24,000 Jan 31 Jan 31 2,850 Accounts Payable 6,200 1,950 1,440 Deferred Revenue Jan 1 Jan 8,600 975 Jan 31 Jan 31 8,615 12,450 Notes Payable Common Stock Jan 1 Jan 1 14,500 12,675 12,500 12,675 Jan 31 Jan 31 27,000 Retained Earnings 17,250 Service Revenue Jan 1 Jan 1 14,200 19,200 33,400 17,250 Jan 31 Jan 31 Utilities Expense Jan 1 1,440 1,440 Jan 31 7 Required information Part 2 of 2 [The following information applies to the questions displayed below.] In January, Tongo, Inc., a branding consultant, had the following transactions. 12.5 points a. Received $14,200 cash for consulting services rendered in January b. Issued common stock to investors for $12,500 cash. c. Purchased $16,900 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $8,600 cash for consulting services to be performed in February. e. Bought and received $1,950 of supplies on account f. Received utility bill for January for $1,440, due February 15. g.Consulted for customers in January for fees totaling $19,200, due in February. h.Received $13,800 cash for consulting services rendered in December. i. Paid $975 toward supplies purchased in (e). eBook Hint Ask Prepare an unadjusted trial balance for Tongo, Inc. for the month ended January 31 Print TONGO, INC. Unadjusted Trial Balance At January 31 Reference Account Name Debit Credit Cash 60,700 Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Notes Payable (long- term) Common Stock Retained Earnings Service Revenue Utilities Expense Totals 60,700