Reference no: EM132485164
Jan Haley owns and operates Haley's Dry Cleaners. The following occurred during December:
Point a. On December 1, Haley prepaid rent on her store for December and January with $2,000 cash.
Point b. On December 1, Haley purchased insurance with cash in the amount of $2,400 that will last six months.
Point c. Haley paid $900 of her accounts payable balance.
Point d. Haley paid off all of her salaries payable balance.
Point e. Haley purchased supplies on account in the amount of $2,400.
Point f. Haley paid a salary to her assistant of $1,000 in cash for work done in the first two weeks of December.
Point g. Haley dry-cleaned clothes for customers on account in the amount of $8,000.
Point h. Haley collected $6,300 of her accounts receivable balance.
Point i. Haley paid tax of $750 in cash.
Question 1: How would T-accounts for the events? (Per image attachment below), Numbers already under the accounts represent the prior balance in that account.