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. The owner, Mai Li, invests $34,400 in cash in starting a real estate office operating as a sole proprietorship. 2. Purchased $430 of supplies on credit. 3. Purchased equipment for $7,740, paying $3,440 in cash and signed a 30-day, $4,300, note payable. 4. Real estate commissions billed to clients amount to $3,440. 5. Paid $688 in cash for the current month's rent. 6. Paid $172 cash on account for supplies purchased in transaction 2. 7. Received a bill for $516 for advertising for the current month. 8. Paid $2,150 cash for office salaries and wages. 9. Li withdrew $1,548 from the business for living expenses. 10. Received a check for $2,150 from a client in payment on account for commissions billed in transaction 4. No. Account Titles and Explanation 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Debit Credit