Question: Please TYPE answer and not use handwriting. Its often hard to understand handwriting. Thank you. In January, Tongo, Inc., a branding consultant, had the following
Please TYPE answer and not use handwriting. Its often hard to understand handwriting. Thank you.


In January, Tongo, Inc., a branding consultant, had the following transactions. Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis. A sample is provided. (Enter any decreases to account balances with a minus sign.) a. (Sample) Received $9,500 cash for consulting services rendered in January b. Issued common stock to investors for $10,000 cash. c. Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due in two years. d. Received $7,500 cash for consulting services to be performed in February. e. Bought and received $1,000 of supplies on account. f. Received utility bill for January for $1.250, due February 15. g. Consulted for customers in January for fees totaling $15.900, due in February h. Received $12,000 cash for consulting services rendered in December i. Paid $500 toward supplies purchased in (e). Assets Liabilities Stockholders' Equity Service Revenue 9.500 Required Information [The following information applies to the questions displayed below.) In January, Tongo, Inc., a branding consultant, had the following transactions a. Recelved $9,500 cash for consulting services rendered in January b. Issued common stock to Investors for $10.000 cash. c. Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due In 2 years. d. Recelved $7,500 cash for consulting services to be performed in February e. Bought and received $1,000 of supplies on account. f Received utility bill for January for $1,250, due February 15. g. Consulted for customers in January for fees totaling $15.900. due In February h. Received $12,000 cash for consulting services rendered in December 1. Pald $500 toward supplies purchased in (e). Prepare an unadjusted trial balance for Tongo. Inc. for the month ended January 31. TONGO, INC. Unadjusted Trial Balance Account Name Debit Credit Totals
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