Check my work Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $83,000 cash in the business. 2. Paid $23,000 in cash for equipment. 3. Performed services for cash amounting to $8,300. 4. Paid $3,100 in cash for advertising expense. 5. Paid $2,300 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (2&3) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 and 3 Post the above transactions into the appropriate T accounts. Cash Equipment (1) (3) 83,000 8,300 (2) 23,000 3,100 (4) (5) Bal. 2,300 Bal. 23,000 85,900 Fees Income Advertising Expense 3,100 (3) 8,300 (4) Bal. 8,300 Bal. 3,100 Supplies 2,300 Derrick Wells, Capital 83,000 (5) (1) Bal. 2,300 Bal. 83,000