Set up T accounts for Cash; Accounts Receivable; Supplies; Accounts Payable: Clay Potter, Capital: Clay ID: Potter, Drawing: Professional Fees; and Operating Expenses. In the T accounts, record the following transactions of Potter Pool Services for June. 2011, identifying each entry by number

(1) Potter invested $12,500 cash.in the business.
(2) Purchased supplies on account, S6,250
(3) Paid operating expenses, $5,500.
(4) Billed clients for fees, $7,440.
(5) Received cash from cash clients, $4,700.
(6) Paid creditors on account, $1,400
(7) Received S3,100 from clients on account.
(8) Withdrew $1,500 cash for personal use.