I am working on 3 problems on an homework assignment and I am stumped.
On A t-account how would I record the following problems:

1) Mike invested $15,000 cash and a used truck worth $13,500 in the business in exchange for company stock.

2) Billed customers for services performed, $2,800.

3) Paid three months’ rent, $4,500

Well first you develop a journal fror each entry which identifies the accounts on both sides of the entry and then you post those entries in the T accounts; debits on the left, credit on the right