Problem 3.3A (Static) Using T accounts to record transactions involving revenues and expenses. LO 3-2, 3-4 The following occurred during June at Brown Financial Planning. Post the following transactions into the appropriate T accounts. Transactions: 1. Purchased office supplies for $12,000 in cash. 2. Delivered monthly statements, collected fee income of $65,700. 3. Paid the current month's office rent of $9,500. 4. Completed professional financial planning; billed client for $16,000. 5. Client paid fee of $4,000 for weekly counseling, previously billed. 6. Paid office salaries of $18,400. 7. Paid telephone bill of $1,080. 8. Billed client for $12,000 fee for preparing a comprehensive financial plan. 9. Purchased office supplies of $4,400 on account. 10. Paid office salaries of $18,400. 11. Collected $12,000 from client who was billed. 12. Clients paid a total of $36,400 cash in fees. Analyze: How much cash did the business spend during the month