Record the transactions below for Amena Company by recording debit and credit amounts directly in the following T-accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; A. Amena, Capital; A. Amena, Withdrawals; Fees Earned; and Rent Expense. Use the letters a through i to identify transactions in the T-accounts. Determine the ending balance of each T-account.
a. Ahmad Amena, owner, invested $13,325 cash in the business.
b. Purchased office supplies for $475 cash.
c. Purchased $6,235 of office equipment on credit.
d. Received $2,000 cash as fees for services provided to a customer.
e. Paid $6,235 cash to settle the payable for the office equipment purchased in transaction c.
f. Billed a customer $3,300 as fees for services provided.
g. Paid $775 cash for the monthly rent.
h. Collected $2,300 cash toward the account receivable created in transaction f.
i. Ahmad Amena withdrew $800 cash for personal use.
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