The transaction’s effect

Helfrey Marketing Services uses the listed accounts. Prepare two T accounts for each transaction. On each T account, select the account title of one of the accounts affected by the transaction. Enter the debit or credit amount in each T account to show the transaction’s effect.
Accounts Title

Cash
Supplies
Prepaid Insurance
Accounts Receivable-Neco Valenza
Accounts Payable-All Star Company
Sawyer Helfrey, Capital
Sawyer He&eye Drawing
Sales
Advertising Expense
Rent Expense

Accounts Transactions

Jun.

1. Received cash from owner as an investment, $10,000.00.
2. Paid cash for insurance, $4.000.00.
3. Bought supplies on account from All Star Company, $6.000.00.
4. Paid cash for supplies, $1.000.00.
5. Paid cash on account to All Star Company, $4,000.00.