help!! i dont understand question 10 and its due today

9. Journalize the following transactions: (20 points) Owner invested S45,000 in the company on May 1. Purchased supplies for S400 on May 6. Owner withdrew $6,000 for personal use out of the company on May 17. Earned fees of $5,000 on account on May 23. Purchased Advertising with a radio station for $550 on account on May 30. Date Description Debit Credit May 1 $45,000 Cash Common stock Owner invested cash into company $45,000 5400 May 6 $400 Supplies Accounts payable Purchased supplies on account May 17 Owner drawing $6,000 $6,000 Withdrew cash for personal use 55.000 May 23 Cash Fees earned Received fees $5,000 5550 May 10 5550 Advertising expense Accounts payable Purchased advertisement with radio station 10. Record the foreclosing entries .company make a month or end and explain the impact the journalties are on the Income Statement and the Halance Sheet (Note: just journalize the dcbit and credit, you do not need to wie vales to the entries assume the net income is credit balance (40 points) MacBook Air go DD 888 Di FB 80 F TV F7 FS $ 4 % 5 & 7 8 O 6 9 3 E R Y U 0 G H J K L