-docx Journal Entries Complete the Joumal Entries in the spaces provided The chart of accounts used by No Foolin Around Inc is listed below. You are to indicate the proper accounts to youmalize the following transactions you may give a reason for each joumal entry) 101 Cash 112 Accounts Receivable 125 Supplies 157 Equpment 200 Notes Payable 201 Accounts Payable CHART OF ACCOUNTS 209 Uneamed Service Revenue 301 Owner's Capital 300 Owner's Drawings 400 Service Revenue 610 Advertising Expense 729 Ront Expense 1 M. Acher invests $70,000 cash to start the business Account Debit est 1.docx Page of90 - 2004 2. Purchased three pieces of equipment for $160,000, paying $50,000 cash and signing a 5 year, 10% note for the remainder Date Account Debit Credit 3. Purchased $5,000 supplies on credit. Date Account Debit Credit e here to search Page 8 0 - 200 4 Pu$500 cash or ratio w eng Credit 5 Prat 5800 o u r suppliers purchase Credit BN MI N M Page or 0 - 6.Owner withdrew $2,100 from the business for personal expenses Date Account Debit Credit 7 Paid $1,200 cash for rent for the current month. Date Account Debit Credit 8. Received $2,000 cash advance from a customer for future copying Account Date Debit Credit st1.docx Page of90 - 8. Received $2,000 cash advance from a customer for future copying Date Account Debit Credit upe here to search 9. Billed a customer for $575 for photocopy work done. Date Account Debit C Adjusting Entries Prepare adjusting entries for the following transactions 2. Depreciation on equipment is $900 for the accounting period Date Account Debit Credit tech Page of90 - 3. There was no beginning balance of supplies and the company purchased $500 of office supplies during the period. At the end of the period $120 of supplies were on hand Date Account Debit Credit 4. Services provided but unrecorded totaled $900 Date Account Debit Credit 4 Accrued salaries at year-end are $1,000 Date Account Debit Credit are to search