Exhibit 1-5 Analysis of Transactions, Smart Touch Learning 1. Smart Touch Learning received $30,000 cash and gave capital to Sheena Bright, owner. 2. Paid $20,000 cash for land. 3. Bought $500 of office supplies on account. 4. Received $5,500 cash from clients for service revenue earned. 5. Performed services for clients on account, $3,000. 6. Paid cash expenses: office rent, $2,000; employee salaries, $1,200. 7. Paid $300 on the accounts payable created in Transaction 3. 8. Collected $2,000 on the accounts receivable created in Transaction 5. 9. Owner withdrew cash of $5,000 G a) which of following is a journal entry for tr.1? b) how much is the total dr/cr in the trial balance ? w how much is the net income , Total Assets, Total liabilities