On October 1, 20x1, Helen Kennedy opened an advertising agency 1 ms DATE TRANSACTIONS Oct. 1 Helen Kennedy invested 552,00 cash in the business. 2 Paid October office rent of $2,600; issued Check 1001. 5 Purchased desks and other office furniture for $14,200 From Office Furniture Mart, Inc. received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $2,800 to purchase art equipment. 7 Purchased supplies for $1,150; paid with Check 1003 10 Issued Check 1004 for $520 for office cleaning service 12 Performed services for $3,700 in cash and $1,500 on credit. (Use compound entry.) 15 Returned damaged supplies for a cash refund of $320. 18 Purchased a computer for $2,600 From Office Furniture Hart, Inc., Invoice 7108: issued Check 1005 for $1,550 down payment, with the balance payable in 30 days. (Use one compound entry) 20 Issued Check 1006 for $7.100 te Office Furniture Mart, Inc., as payment on account for Invoice 6704 26 Performed services for $4,000 on credit 27 Pald 5285 for monthly telephone bill issued Check 1007 30 Received $3,100 in cash from credit customers > Halled Check 1001 to pay the monthly vtility bill of $360 30 Issued Checks 1009-1011 for $7.600 for salaries SOL50:45 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