On August 1,2021, the beginning of its current fiscal year, the following opening account balances, listed in alphabetical order, were reported by Crane Ltd. Your answer is correct. Record the above summary transactions, (Record joumal entries in the order presented in the problem. List all debit entries before credit entries. Credit account titles are automatically indented when the ormbunt is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) During August, the following summary transactions were completed. Aug. 1 Paid $400 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. (Hint: Use the Prepaid Advertising account) 3 Paid August rent $350. (Hint: Use the Prepaid Rent account) 6 Received $3,170 cash from customers in payment of accounts. 10 Paid $2,920 for salaries due employees, of which $1,620 is for August and $1,300 is for July salaries payable. 13 Received $3,570 cash for services performed in August. 15. Purchased additional equipment on account $2,080. 17 Paid creditors $2,080 of accounts payable due. 22 Purchased supplies on account $750. 24 Paid salaries $2,820. 27 Performed services worth $4,510 on account and billed customers. 29 Received $800 from customers for services to be provided in the future. 31 Declared and paid a $470 dividend. Prepare T accounts, enter any opening balances, post the general journal entries and calculate end balances. (Post entries in the order of joumal entries presented in the previous part. If the ending balance is O select Bal for the date and enter 0 for the normal balance for that occount.)