Miscellaneous expenses were $1,000, all paid for with cash. Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Three former college classmates decided to open a store near campus to sell wireless equipment to students. They created a public company, The Wire, and issued stock to Interested Investors. They pian on creating monthly financial statements Required: Several ansactions occurred in March, Ench is described separately in this folder. For each transaction, indicate the accounts for The Wire that are affected, whether they Increase or decrease, and the amount of the increase or decrease YOU MUST FOLLOW THE INSTRUCTIONS BELOW. IF YOU DONT, YOU MAY KNOW THE CORRECT ENTRY BUT THE COMPUTER WILL NOT RECOGNIZE IT AND WILL NOT GIVE YOU CREDIT 1 Alter each transaction description, there are several Account Submission boxes and corresponding "Amount" submission boxes. To indicate the accounts that you think are affected, choose them from the drop down menu. But you MUST select them in the order that they are listed in the menu. FOR EXAMPLE, If you think that cash and Inventory are affected by a particular transaction, you must record the effect on the cash account first and the effect on the Inventory account second, since that is the order in which they are listed in the drop down menu. 1 you record the inventary effect first and the Cash effect second, even if they are the correct accounts with the correct dollar amounts, your answer wil be considered wrong 2. When you record the dollar amounts, be sure to use a mission to indicate a decrease in the account. You don't need to use a plus sign to indicate an increase. Also, don't use dollar sign or SOS 3. There are way more "Account and cont sonore than are necessary. When you have indicated all the accounts that are affected by the transaction, Wiecte from the drop down menu for EACH of the remaining Account submission boxes (you can leave the "Amountboxe blank) 4. For transactions 1, 3, 4, 5, and you are given additional instructions Red and follow them 5. You get for each competent The fortrons Who's The entries for each of the other transactions are worth 2 points