Josh Borke engaged in the following activities in establishing his photography studio, Picture This!: 1. Opened a bank account in the name of Picture This! and deposited $7,849 of his own money into this account as his initial investment. 2. Purchased Photography Supplies at a total cost of $1,135. The business paid $346 in cash and the balance is on account. 3. Obtained estimates on the cost of Photography Equipment from three different manufacturers. In what form (type of record) should Josh record these three activities? General LedgerT-AccountsChart of AccountsTrial BalancesGeneral Journal Prepare the entries to record the transactions. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. If there is no transaction, enter No entry as the account and 0 for the amount.) Account/Description Debit Credit 1. Supplies ExpenseAccounts ReceivablePhotography RevenueCashJ. Borke, CapitalPhotography SuppliesAccounts PayableNo Entry CashAccounts ReceivablePhotography SuppliesNo EntryPhotography RevenueSupplies ExpenseJ. Borke, CapitalAccounts Payable 2. Photography RevenueCashAccounts PayableJ. Borke, CapitalNo EntrySupplies ExpensePhotography SuppliesAccounts Receivable J. Borke, CapitalAccounts PayablePhotography RevenueCashAccounts ReceivablePhotography SuppliesSupplies ExpenseNo Entry Photography RevenuePhotography SuppliesAccounts PayableSupplies ExpenseNo EntryAccounts ReceivableCashJ. Borke, Capital 3. CashAccounts ReceivableNo EntryJ. Borke, CapitalPhotography RevenuePhotography SuppliesSupplies ExpenseAccounts Payable No EntryAccounts PayableCashPhotography RevenueAccounts ReceivableJ. Borke, CapitalPhotography SuppliesSupplies Expense