Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $78,000 cash in the business. 2. Paid $18,000 in cash for equipment. 3. Performed services for cash amounting to $7,800. 4. Paid $2,600 in cash for advertising expense. 5. Paid $1,800 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (283) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Select which two accounts are affected in each of the above transactions. Debit Credit Transactions Transaction 1 Transaction 2 Transaction 3 Transaction 4 Transaction 5 Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $78,000 cash in the business. 2. Paid $18,000 in cash for equipment. 3. Performed services for cash amounting to $7,800. 4. Paid $2,600 in cash for advertising expense. 5. Paid $1,800 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (283) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Post the above transactions into the appropriate T accounts. Cash Equipment Bal. Bal. Fees Income Advertising Expense Bal. Bal. Supplies Derrick Wells, Capital Bal. Bal.