ts 4:20 N. HW 1 - Chapter 2.pdf - Read-only 3 LO 3 LO 3 Recording Transactions in T Accounts E6B. Open the following T accounts: Cash; Repair Supplies; Repair Equipment; Accounts Payable; D. Stan, Capital; D. Stan, Withdrawals; Repair Fees Earned; Salaries Expense; and Rent Expense. Record the following transactions for the month of June directly in the T accounts; use the letters to identify the transactions in your T accounts. Determine the balance in each account. a. Daniel Stan opened Stan Repair Service by investing $4,300 in cash and $1,600 in repair equipment. b. Paid $800 for the current month's rent. c. Purchased repair supplies on credit, $1,100. d. Purchased additional repair equipment for cash, $600. e. Paid salary to an employee, $900. f. Paid $400 of amount purchased on credit in c. g. Accepted cash for repairs completed, $3,720. h. Withdrew $1,000 in cash. Analysis of Transactions III