On October 1, 2019, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $55,000 cash in the business. 2 Paid October office rent of $2,750; issued Check 1001. 5 Purchased desks and other office furniture for $14,500 from Office Furniture Mart, Inc.; received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $2,950 to purchase art equipment. 7 Purchased supplies for $1,300; paid with Check 1003. 10 Issued Check 1004 for $550 for office cleaning service. 12 Performed services for $3,850 in cash and $1,650 on credit. (Use a compound entry.) 15 Returned damaged supplies for a cash refund of $350. 18 Purchased a computer for $2,750 from Office Furniture Mart, Inc., Invoice 7108; issued Check 1005 for a $1,625 down payment, with the balance payable in 30 days. (Use one compound entry.) 20 Issued Check 1006 for $7,250 to Office Furniture Mart, Inc., as payment on account for Invoice 6704. 26 Performed services for $4,150 on credit. 27 Paid $300 for monthly telephone bill; issued Check 1007. 30 Received $3,450 in cash from credit customers. 30 Mailed Check 1008 to pay the monthly utility bill of $375. 30 Issued Checks 10091011 for $7,750 for salaries. Required: Journalize the above transactions. Post the above transactions to the ledger accounts. Analyze: What is the balance of account 202 in the general ledger?