Exercise 2-07 a-b (Part Level Submission) Halladay Enterprises had the following selected transactions. 1. Bo Halladay invested $4,520 cash in the business. 2. Paid office rent of $1,074. 3. Performed consulting services and billed a client $5,876. 4. Bo Halladay withdrew $848 cash for personal use. (a) Your answer is correct. Indicate the effect each transaction has on the accounting equation, using plus and minus signs. Assets = Liabilities + Owner's Equity (Investment) (Expense) (Revenue) 4.1 - (Drawings) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT LINK TO TEXT (6) Journalize each transaction. (Credit account titles are automatically indented when 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.) No. Account Titles and Explanation Debit Credit