: 0 of 1 pt 2-24 (similar to) following transactions occurred during the month for Tina Pennel, CPA: (Click the icon to view the transactions.) Read the requirements 12 of 13 (5 complete) Requirement 1. Joumaize the transactions, and then post the journal entries to the four-column accounts. Explanations are not required for the journal entries. Keep a runni journal entries are recorded on page 10 of the journal. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing the transactions. June 1: Pennel opened an accounting firm by contributing $12,600 cash and office furniture with a fair market value of $5,400 in exchange for capital. Prepare a compound ent Accounts and Explanation i Date Jun. 1 Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer 24 p remaining Clear All