a) Provide a description for transaction (a). Include the amounts of the transaction in your description. (2 marks)

b) Provide a description for transaction (b) indicating the amount (s) of the transaction in your description (2 marks)

c) List all adjusting entries and provide a description for each adjusting entry: (2 marks)

d) Calculate the following balance. For each balance, indicate if it is a debit balance or credit balance. (4 marks)

Items	Balances	Debit or Credit
Total Current Assets
Total Assets
Total Liabilities
The ending balance of Capital

The following T-accounts record the transactions occurred during the first accounting period for Jake's Judo Studio. Cash at bank Accounts receivable (a) 26,500 (c) 1,500 1,000 (b) 2,000 (e) 1,300 (b) Office supplies 1,000 (f) 500 Vehicles 45,000 350 (a) (d) Accumulated depreciation - Vehicles (g) Accounts payable (d) 375 500 Drawings 1,300 Capital (a) (e) 72,500 Service revenue Rent expense 1,500 (b) 3,000 (c) Office supplies expense 350 Depreciation expense - Vehicles 375 (f) (g) Required: Answer the following questions in the spaces provided below