Exercise 3 Analyze the following transactions using the T account approach. Place the dollar amount on the debit and credit sides. After all transactions have been recorded, foot the accounts where necessary and enter the balance in the proper place. 1. Owner invested $15,000 in the business. 2. Owner invested a truck worth $5,000 into the business. 3. Cash received for services rendered for the month was $4,300. 4. Received a bill for $150 for repairs, which he paid in cash. 5. Purchased a piece of equipment worth $1,500, making a down payment of $250, the rest on account.6. Owner withdrew $1,400 from the company