On October 1, 20x1, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $58,000 cash in the business. 2 Paid October office rent of $2,900; issued Check 1001. 5 Purchased desks and other office furniture for $14,800 from Office Furniture Mart, Inc.; received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $3,100 to purchase art equipment. 7 Purchased supplies for $1,450; paid with Check 1003. 10 Issued Check 1004 for $580 for office cleaning service. 12 Performed services for $4,000 in cash and $1,880 on credit. (Use a compound entry.) 15 Returned damaged supplies for a cash refund of $380. 18 Purchased a computer for $2,900 from Office Furniture Mart, Inc., Invoice 7108; issued Check 1005 for a $1,700 down payment, with the balance payable in 30 days. (Use one compound entry.) 20 Issued Check 1806 for $7,480 to office Furniture Mart, Inc., as payment on account for Invoice 6704. 26 Performed services for $4,308 on credit. 27 Paid $315 for monthly telephone bill; issued Check 1007. 30 Received $3,600 in cash from credit customers. 30 Mailed Check 1888 to pay the monthly utility bill of $390. 30 Issued Checks 1889-1011 for $7,900 for salaries. Required: 1. Journalize the above transactions. 2. Post the above transactions to the ledger accounts. Analyze: What is the balance of account 202 in the general ledger