blem 1.B... 2.B... 2 13 [4 NKSH... T.1 T2 RT.3 RT.4 ANKS... ART.1 ART.2 ART.3 LANKS... ART.1 ART.2 PART 3 PART.4 Print Item Continuing Problem Chapter 2-Instruction #2 The following transactions were completed by PS Music during July, the second month of the business's operations: Analyze and journalize each transaction in the two-column journal below. Include Posting References, using the account numbers in your spreadsheet. If an amount box does not require an entry, leave it blank. July 1: Peyton Smith made an addit Only numbers are allowed in this field. $5,000 in PS Music's checking account. Cash Account Peyton Smith, Capital Cash Account Office Rent Expense Post. Ref. July 1: Instead of continuing to share office space with a local real estate agency, Peyton decided to rent office space near a local music store. Paid rent for July, $1,750. Account Post. Ref. Account Post. Ref. X X Post. Ref. Debit July 1: Paid a premium of $2,700 for a comprehensive insurance policy covering liability, theft, and fire