Frank Petronick decided to start an accounting practice after graduation from college. The following is a list of events that occurred concerning Frank's practice. 1 2 3 4 After shopping around, Frank found an office to ease and signed a lease agreement. The lease calls for a payment of $1,155 rent per month Frank borrowed $3,455 from his grandmother so that he could buy some office furniture for his new office Frank deposits the $3,455 plus 51 295 of his own cash in a new bank account at BMO under the name Petronick Accounting Services Paid the landlord the first month's rent Purchased office furniture for $2,300 on account Moved into the office and obtained the first assignment from a dient to prepare year end financial statements for $2,090. Performed the work on the assignment and sent an invoice to the customer for $2,090 Paid half of the amount of the purchase of office furniture Purchased office supplies on account for $415 5 6 7 8 9 10 Pald for Internet services $55 cash 11 Collected half of the earlier billing to the customer 12 Frank withdrew 5442 cash from the business for personal expenses lo Dell Update The system at been Journalize the above transactions. (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 for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3 5. 6. > 7 8 9. 10. 11. C. 12