interpret and decide which transactions are business transactions and recorded in the ledgers. To make two separate lists one for the transactions and another one for the Ledgers opening balances for the month. (Note: only the below mentioned transactions happened during the month) Transactions List: August 20, 2018: $5,000 spent on purchasing supplies, for resale it is expected that the supplies will arrive in two days. August 20, 2018: Talked to a key client and agreed to send her an offer to supply her restaurant on daily basis with the required groceries. The offer value is $2,000 per day. The client agreed to respond within three business days. August 20, 2018: Jessica withdrew $10,000 from his capital account. To buy a new car for his family. August 20, 2018: Jessica purchased furniture for a total value of $2,000. The furniture will be used at his store. August 20, 2018: Jessica collected $500 from a client. The client purchased groceries on credit 5 days ago. August 20, 2018: Jessicas sales figure is $15,000 for the day. The cost of goods sold is $ 5,000. Salaries and other expenses for the month are $ 50,000 (Jessica did not bother recording these during the month) WIL PROJECT CASE STUDY ORIENTATION WEEK 1 Jessicas sales averaged $ 15,000 per day for the past 30 days. (Jessica did not bother recording these during the month) Fiscal month end date is August 20, 2018. Ledgers opening balances list Cash $ 60,000 Accounts receivables $ 20,000 Inventory $ 20,000 Equipment (including furniture) $50,000 Accounts payable $10,000 Short-term loans $ 5,000 Capital account $135,000 If you need to assume an account, the opening balance for this account will be zero.