Exercise 2 - Understanding T-accounts: Below are four of Keren Inc.'s T-accounts Inventory Equipment 1/1 45O 1/1 700 130 500 600 12/31 250 12/31 820 Notes Receivable 1/1 1,700 830 640 250 690 1.300 1,000 2/31 ,910 12/31 Required: (1) Describe the typical activities that will cause each one of the four accounting to increase and decrease (2) Compute the missing numbers in the T-accounts. Note: each account is independent of each other. Treat them separately