Current Attempt in Progress Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) 1 2. The owner, Mai Li, invests $48,000 in cash in starting a real estate office operating as a sole proprietorship. Purchased $600 of supplies on credit. 3 Purchased equipment for $10.800, paying $4,800 in cash and signed a 30-day. $6,000, note payable 4. Real estate commissions billed to clients amount to $4,800. 5. Paid $960 in cash for the current month's rent. 6. Paid $240 cash on account for supplies purchased in transaction 2. 7. Received a bill for $720 for advertising for the current month 8. Paid $3,000 cash for office salaries and wages. 9. Li withdrew $2.160 from the business for living expenses. 10. Received a check for $3,000 from a client in payment on account for commissions billed in transaction 4. No. Account Titles and Explanation Debit asonn Credit 1. Cash Owner's Capital 2. Cath 3. 5. 6. Supplies Exper 43000 600 40000 600 7. 8. Cash Salaries and Wages Expense 9. Cash 10. Owner's Drawings eTextbook and Media 3000 2160 3000 3000 2160 3000