Jason manages Company B Enterprises. Company B has account balances as follows as of Oct. 1, 2022.

Cash $ 18,800 A/P $ 5,200

A/R 2,350 N/P 4,000

Supplies 850 Stock $1 par 6,000

Retained Earnings 6,800

Total $22,000 Total $22,000

QUESTION Please write the hours entry for each of the transactions below. (Please provide steps)

Oct 3: Company B purchases Equipment for $3456

Oct. 5: Company B provides services for business customers and bills them for 34567

Oct. 6: The bookkeeper pays $700 of the Accounts Payable

Oct. 7: Company B is sued by an irate customer and pays a legal firm $1,200 as a retainer (a down payment for future services).

Oct. 11: Jason receives a bill for $615 from Duke Power.

Oct. 11: Company B receives $10,000 from accounts receivable.

Oct. 11: The bookkeeper opens the mail and records receipt of the phone bill for $350.

Oct. 12: The bookkeeper pays the electric bill.

Oct. 14: The Board of Directors meets and decides to pay a dividend of $0.XX (last two digits of your student ID) per share.

Oct. 17: The lawyer sends a statement showing $800 worth of legal charges.