Question: So continuing with T accounts - please do the following in the T format: E3.2, 3.3, 3.4 (a only), 3.7, 3.8 and 3.10. You are




So continuing with T accounts - please do the following in the T format: E3.2, 3.3, 3.4 (a only), 3.7, 3.8 and 3.10. You are welcome to do them on a piece of paper with hand-drawn T accounts - or I have also attached a file of T formats. E3.2 (LO 1), AP Brady Company entered into these transactions during May 2022, its first month of operations. 1. Stockholders invested $40,000 in the business in exchange for common stock of the company. 2. Purchased computers for office use for $30,000 from Ladd on account. 3. Paid $4,000 cash for May rent on storage space. 4. Performed computer services worth $19,000 on account. 5. Performed computer services for Wharton Construction Company for \$5,000 cash. 6. Paid Western States Power Ca. $8,000 cash for enengy usaje in Ma) 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $1,300on account 9. Received $12,000 cash from customers for crhtracts billed in (4). Instructions Using the following tabular analyvis, show the effect of each transetion on the ampunting cyuationt. Dut into the following transactions. Accounting information Sistem 6. Paid rom of ss ano 8. Raid salaries of 838060 9. Naid a dividend of 811,000 io shawholiers. Instructions r3.4 (to 1), AP a tabular analysis of the Iransactions made during August 2922 lyy Welfe Compayy mnt of business, are as follows. 1. Issued stock to investors for 81 s, 000 in eash 2. Purchased used ear for \$10,000 eash for use in busineas 3. Purchased supplies on account for 8300 4. Billed customers $3,700 for hervices perfurmed 5. Patd $200 cash for advertising al the start of the businese. 6. Received $1,100 eash from enstamers billed lin tranake lion (4) 7. Paid creditor $300 cash on accoum 8. Paid dividends of $400 eish to stockliolders. Instructions a. For each Iransaction indieate (a) the basie type of aceount debiled and eredited (ased, liability stockholders' equity); (b) the speetic account debiled and eredited (Cash, Rent Expense, Serfiee Revenue, etc.): (c) whether the spectlle aceount is increased of decreased and (d) the nermal balance of the specific account. Use the following format, in which (ransaction (1) is given in an example. b. Journalize the transactions. Do not provide explinations. E3.8 (LO 2), C This information relates to McCall Real Estate Agency: Oct. 1 Stockholders invest $30,000in exchange for common stock of the corporation. 2 Hires an administrative assistant at an anual salary of $36,000. 3 Buys office furniture for $3,800, on account. 6 Sells a house and lot for B. C. Roads; commissions due from Roads, 310,800 (not paid by Roads at this time). 10 Receives cash of $140 as commission for acting as rental agent renting an apartment. 27 Pays $700 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $3,000 in salary for October
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