On October 1, 20X1, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $70,000 cash in the business. 2 Paid October office rent of $3,500; issued Check 1001. 5 Purchased desks and other office furniture for $13,000 from Office Furniture Mart, Inc. ; received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $3,700 to purchase art equipment. 7 Purchased supplies for $2,050; paid with Check 1003. 10 Issued Check 1004 for $400 for office cleaning service. 12 Performed services for $4,600 in cash and $2,400 on credit. (Use a compound entry.) 15 Returned damaged supplies for a cash refund of $200. 18 Purchased a computer for $3,500 from Office Furniture Mart, Inc., Invoice 7108; issued Check 1005 for a $2,000 down payment, with the balance payable in 30 days. (Use one compound entry.) 20 Issued Check 1006 for $6,500 to Office Furniture Mart, Inc., as payment on account for Invoice 6704. 26 Performed services for $4, 900 on credit. 27 Paid $225 for monthly telephone bill; issued Check 1007. 30 Received $4, 200 in cash from credit customers. 30 Mailed Check 1008 to pay the monthly utility bill of $300. 30 Issued Checks 1009 - 1011 for $8,500 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? Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Analyze Journalize the above transactions. View transaction list Journal entry worksheet Helen Kennedy invested $70,000 cash in the business. Note: Enter debits before credits. Date General Journal Debit Credit Oct 01, 20X1 Record entry Clear entry View general journal General Journal Ledger Accounts Analyze Post the above transactions to the ledger accounts. Cash Account No. 101 Accounts Receivable Date Debit Account No. 111 Credit Balance Date Debit Credit Balance Supplies Account No. 121 Account No. 134 Prepaid Rent Date Debit Date Debit Credit Balance Credit Balance Telephone Expense Date Debit Account No. 520 Credit Balance Utilities Expense Date Debit Account No. 523 Credit Balance General Journal Ledger Accounts Analyze What is the balance of account 202 in the general ledger? Balance of account 202