Phillip's Photography Began Business on July 1 $$\begin{array}{l}\text {Cash 111 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$

Phillip's Photography began business on July 1. Record the transactions in the T accounts. Place the letter of the transaction next to the entry. Foot the T accounts where appropriate.
a. Phillip invested $6,000 in his business from his personal savings account.
b. Bought photographic equipment on account, $1,200.
c. Performed services for a customer on account, $800.
d. Utilities expense due but unpaid, $80.
e. Collected $100 from customer in transaction c.
f. Phillip withdrew $70 for personal use. $$\begin{array}{l}\text {Cash 111 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Accts. Rec. 112 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Photo Equip. 121 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Accts. Pay. 211 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Phillip's Cap. 311 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Phillip's With. 312 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Photo Fees 411 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Utilities Exp. 512 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$ $$\begin{array}{l}\text {Advertising Exp. 513 }\\\begin{array} { l | l r } \hline& \\\end{array}\end{array}$$