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6 of 6 (6 complete) HY accounts without using a journal. Use the letters to identify the transactions. Determi side of the account and enter the ending balances.) Common Stock (a) Bal 30,000 i More Info a. Michael Hampton opened a law firm by investing $21,000 cash and of furniture with a fair value of $9,000. Organized as a professional corpo the business issued common stock to Hampton. b. Paid monthly rent of $1,100. c. Purchased office supplies on account, $1,100. d. Paid employees' salaries of $3,500. Paid $550 of the accounts payable created in transaction c. f. Performed legal service on account, $10,800. g. Declared and paid dividends of $2,400. e. Review the following transactions (Click the icon to view the transactions.) Requirement 1. Record the transactions directly in the T-accounts without using a journal. Use the letters to identify the transactions. Determine the ending balance in each account (Select the "Bal" label on the normal balance side of the account and enter the ending balances.) Cash Common Stock (a) 21,000 (b) 1,100 (a) More Info (d) 3,500 (e) 550 (9) 2.400 a. Michael Hampton opened a law firm by investing $21,000 cast Bal 13,450 Bal furniture with a fair value of $9,000. Organized as a professiona 30,000 the business issued common stock to Hampton b. Paid monthly rent of $1,100. Accounts Receivable Dividends Purchased office supplies on account, $1,100. () 10,800 d. Paid employees' salaries of $3,500 (9) 2.400 Paid $550 of the accounts payable created in transaction c. 1 Performed legal service on account, $10,800. Bal 10.800 Bal 2.400 g. Declared and paid dividends of $2,400 C. Office Supplies 1.100 Service Revenue (c) Print Done 1,100 10.800 10,800 Bal Office Furniture Salary Expense

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