• Ettle 2-5 Analyzing transactions 103, s William Curtis is a personal finance expert and owns Much Money Commuting. This as his first month of operations and Williams has hired you to do his accounting. The following transactions are for the month of October a. On October 2, William Curtis invested 532,600 cash into his business On October 4 purchased $925 of office supplies for cash Page 125 e. On October & purchased $13.600 of office equipment on credit On October 10: receed $3.000 cash steveme for being a guest on the TV show CityTalk e. On October 12 paid for the office equipment purchased in transaction (c) 1. On October 16, Illed a customer $5,400 for delivering a corporate workshop on smart investin On October 18. paid October's rent for the downtown office with $3,500 cash On October 25, collected at cash for the sccpuut receivable created in transaction (D). On October 31, sitides $5.000 cash from the business the a trip to Hawai Required For each transaction, (L) complete the analysis (2) determine the journal entry analysis, and (3) record the journal entry. Use the template below. Transaction (a) has been completed for you Journal entry analysis Assets increase Equity increases Debit the Cascate $32.600 Credit the Williams Cistik, Capital account for $32.00 Journal Entry Date Account Titles and Explanation Debit Credit 32.600 Chet 2 William Curtis Capital 32,400 Continue.. Exerce 24 Posting transactions to the general ledger 103, 95 Use the information given and the anabais completed in Exercise 25 Required 1. Set up the following general ledger accounts using Taccounts: Cast: Accounts Recerrable Office Supplier. Office Equipment Accounts Payable William Curtis, Capital William Curtis. Withdrawals Revenue, and Rest Expense. 2. Post the journal entries from Exercise 2-5 into the Taccounts. Include the jener of the transaction next to your posting 3. Determine the balance of each account.