10:54 AM Mon 15 Jun e 79% FUNDAMENTAL ACCOUNTING PRINCIPLES VOL1, 16th Edition Aa Q CHAPTER 2 Analyzing and Recording Transactions QS 2-9 Analyzing and recording journal entries Los Dee Bell Company had the following transactions in the month of May. May 2 10 12 15 16 22 Dee Bell transferred her personal car valued at $8,000 into the business. Did $4,000 of work for a customer on account Collected $10,000 from a customer for work to be done in July 2020. Paid wages of $6,000 Collected $4,000 from the customer of May 10. Paid $3,000 of the outstanding accounts payable. Required for each transaction, (1) complete the analysis, (2) determine the journal entry analysis, and (3) record the journal entry. Use the template below. The first transaction on May 2 has been com pleted for you. May 2 Analysis Journal entry analysis Journal Entry Date Assets increase. Equity increases Debit the Car account for $8,000. Credit the Dee Bell, Capital account for $8,000 Account Titles and Explanation Debit Credit May 2 Car 8.000 Dee Bell, Capital 8.000 To record investment by owner. May 10 Continue