buestion 2 For the journal entry - Dr. Cash 20000; Cr. Ruiz Capital 20000-, what is the correct analysis of the journal entry? A. Cash, Asset, Increases; Luis Ruiz, Equity-Capital, Decreases B. Cash, Asset, Increases; Luis Ruiz, Equity-Capital, Increases C. Cash, Asset, Increases: Luis Ruiz, Equity-Expense, Increases D. Cash, Liability, Increases; Luis Ruiz, Equity-Capital, Decreases E. None of the above Question 3 What is the correct number sequence of steps, from first step to last step, to complete the eight steps in the accounting cycle for Louis Ruiz Consulting Services:1. Prepare four closing entries;2.Journalize the transactions;3.Prepare financial statements;4. Post the transactions;5.Prepare adjusted trial balance;6. Prepare trial balance;7.Post adjusting entries;8. Prepare adjusting entries A. 1-2-3-4-5-6-7-8 c B. 2-4-6-8-7-5-3-1 C. 2-4-6-7-5-8-3-1 D. 2-4-3-1-8-7-5-6 E. None of the above Question 4