I Tony started his own business on March 1, 2012. During the first month, the...
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I Tony started his own business on March 1, 2012. During the first month, the following transactions were completed: March 1 Tony invested $ 20,000 cash in his business. March 5 Purchased equipments for $1,500 and supplies for $300 cash. March 12 Performed service for $ 2,200 on account. March 16 Withdraws $ 750 in cash for his personal use. March 20 Paid store rent of $ 300 cash. March 22 Borrowed $5000 from Blom Bank by signing one year, 10% notes. Instructions: 1- Journalize the above transactions. 2- Post to the ledger: Cash, Equipment and Notes Payable using the three column form of account
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