Chapter 2 HW Fife & Company, a public corporation offering accounting services to low income clients has the following transactions in their second year of business. Date Description Debit Credit Jan 4 Organization Costs 25,000 Common Stock 25,000 Jan 5 70,000 Cash Common Stock 70,000 3,000 Jan 8 Prepaid Rent Cash 3,000 7,750 Jan 12 Office Equipment Accounts Payable Cash 4,750 3,000 Jan 17 Cash Accounts Receivable Service Revenue 14,000 3,000 17,000 7.500 Jan 25 Supplies Accounts Payable 7,500 Post the journal entries to the ledger and show the ending balance in each ledger account. Cash MacBook Pro FB F6 10 14 FS * $ 4 % 5 & 7 3 6 8 9