On October 1, 20X1, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS ct. 1 Helen Kennedy invested $63,000 cash in the business. 2 Paid October office rent of $3,150; issued Check 1001. The company used the Prepaid Rent account. 5 Purchased desks and other office furniture for $13,700 from Office Furniture Mart, Inc.; received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $3,350 to purchase art equipment. 7 Purchased supplies for $1,700; paid with Check 1003. 10 Issued Check 1004 for $470 for office cleaning service. 12 Performed services for $4,250 in cash and $2,050 on credit. (Use a compound entry.) 15 Returned damaged supplies for a cash refund of $270. 18 Purchased a computer for $3,150 from Office Furniture Mnst, Inc., Invoice 7108; issued Check 1005 for a $1,825 down payment, with the balance payable in 30 days. (Use one compound entry.) 20 Issued Check 1006 for $6,850 to Office Furniture Mart, Inc., as payment on account for Invoice 6704. 26 Performed services for $4,550 on credit. 27 Paid $260 for monthly telephone bill; issued Check 1007. 30 Received $3,850 in cash from credit customers. 30 Mailed Check 1008 to pay the monthly utility bill of $335. 30 Issued Checks 1009-1011 for $8,150 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 Journal entry worksheet 1 3 5 6 7 8 15 > Helen Kennedy invested $63,000 cash in the business. Note: Enter debits before credits. Date General Journal Debit Credit Oct 01, 20X1 Record entry Clear entry View general journal Ledger Accounts > Journal entry worksheet Paid $260 for monthly telephone bill; issued Check 1007. Note: Enter debits before credits. Date General Journal Debit credit Oct 27, 20X1 Record entry Clear entry View general journal Ledger Accounts > 8 9 10 12 13 15 Received $3,850 in cash from credit customers. Note: Enter debits before credits. Date General Journal Debit Credit Oct 30, 20X1 Record entry Clear entry View general joumal Journal entry worksheet Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Analyze What is the balance of account 202 in the general ledger? Balance of account 202