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prepare t accounts September Transactions Date Transaction Description September 1 Started a plumbing repair business...

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Accounting

prepare t accounts September Transactions Date Transaction Description September 1 Started a plumbing repair business by making a $100,000 deposit in a company bank account, in exchange for 20,000 shares of $5 par value common stock. September 1 Purchased insurance for the year and paid $3,000 cash. September 2 Paid monthly rent with $3,500 cash on a warehouse to store the plumbing equipment. September 5 Purchased plumbing equipment for $25,000, making a $5,000 down payment and placing $20,000 on account. September 6 Purchased supplies for $2,000 on account. September 7 Paid $750 cash for advertising in local newspapers. September 10 Received $15,000 in cash for plumbing services provided. September 12 Paid $5,000 for plumbing equipment previo

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