5 M 12 (20 marks) KrenzKarkare owned and operated by Karl Krenz, began business in September of the current year Karl, a master mechanic, had no experience with keeping a set of books. As a result, Karl entered all of September's transactions directly to the General Ledger accounts. When he tried to locate a particular entry originally made on September 8, he found it confusing and time- consuming. He has hired you to improve his bookkeeping procedures. The accounts in his General Ledger follow: Cash 100 9/8 (6) 375 9/1(a) 9/11 (d) 9/15 @ 2.550 45 22 9/1 (a) 9/8 (6) Equipment 150 450 1125 K.Krenz, Capital 300 9/1) 3.000 Notes Payable 250 9/8 (6) 750 Accounts Receivable 105 90 9/15 (e) 919) 22 Revenue 400 9:9) 90 9/11 (d) 45 1 ho o F 12 I Normal I No Spac. Heading 1 Heading 2 Title Subtitle Font Paragraph Styles Prepare the general journal entries, in chronological order, from the general ledger entries shown Include a brief description of the probable nature of each transaction 1 8 9 11 15 o E Search hop