Glenn Grimes is the founder and president of Heartland Construction, a real estate development venture. The business transactions durlng February while the company was being organized are listed as follows. building. A cash payment of $52,506 was made and a note payable was issued for the balance of the purchase price. Feb. 16 Computer equipment was purchased from PCWorld for \$14,3e cash. Furnishings did not require that Heartland sign a promissory note. Feb. 22 office supplies were purchased from office World for \$455 cash. $369, but Heartland was charged \$395. PCWorld promised to refund the difference within seven days. Feb. 28 Received $35 from PCWorld in full settlement of the account receivable created on February 23. Required: a. Prepare journal entrles to record the above transactions. Select the approprlate account titles from the following chart of accounts. b. Indicate the effects of each transaction on the company's assets, Ilabilitles, and owners' equity for the month of February. The Feb. 1 transaction Is provided for you. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest dollar amounts.)