Record the transactions below for Amena Company by

recording the
Record the transactions below for Amena Company by recording the debit and credit entries
directly in the following T-accounts: Cash; Accounts Receivable; Office Supplies; Office
Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense.
Use the letters beside each transaction to identify entries. Determine the ending balance of
each T-account.a. Sergey Amena, owner, invested $14,000 cash in the company in exchange
for its common stock.b. The company purchased office supplies for $406 cash.c. The company
purchased $7,742 of office equipment on credit.d. The company received $1,652 cash as fees
for services provided to a customer.e. The company paid $7,742 cash to settle the payable for
the office equipment purchased in transaction c.f. The company billed a customer $2,968 as
fees for services provided.g. The company paid $510 cash for the monthly rent.h. The company
collected $1,246 cash as partial payment for the account receivable created in transaction f.i.
The company paid $1,200 cash for dividends.View Solution:
Record the transactions below for Amena Company by recording the
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