The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. The entries for the first transaction are labeled with the letter (a), the entries for the second transaction with the letter (b), and so on.
Cash Equipment Account Receivable
(a) 95,000 (d) 15,000 (g) 1,500 (b) 23,000 (e) 350 (h) 5,500 (i) 2,500 (c)40,000 (f) 5,000 (g) 1,500
Accounts Payable Supplies Wade Wilson, Capital
(c) 40,000 (b) 23,000 (a) 95,000
Fees Income Telephone Expense Wade Wilson, Drawing
(d) 15,000 (f) 5,000 (e)350 (i) 2,500
Determine the balance account.