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1 Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $87,000 cash in the business.

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1 Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $87,000 cash in the business. 2. Paid $27.000 in cash for equipment. 3. Performed services for cash amounting to $8,700. 4. Paid $3,500 in cash for advertising expense. 5. Paid $2,700 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (283) Post the above transactions into the appropriate Taccounts, sk Complete this question by entering your answers in the tabs below. ces Reg 1 Req 2 and 3 Select which two accounts are affected in each of the above transactions Debit Credit Transactions Transaction 1 Transaction 2 Transaction 3 Transaction 4 Post the above transactions into the appropriate T accounts. Cash Equipment Bal Bal Fees Income Advertising Expense Bal Bal Supplies Derrick Wells, Capital Bal Bal

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