P2-5B. The first seven transactions of Lou's Auto Spa have been posted to the company Transaction analysis accounts as shown below. O (20 min) 1. Describe what happened in each transaction. Example: Transaction (A): Received cash for cleaning fees earned, $7,500. 2. Foot the T accounts. Cash Accounts Receivable Supplies Cleaning Equipment (A) 7500 (B) 6500 (C) 3500 (D) 2500 3500 (C) 4000 (F) 3750 (E) (F) 4000 2500 (G) Accounts Payable Cleaning fees earned Rent Expense Wages Expense 2500 (D) 7500 (A) (G) 2500 (E) 3750 6500 (B)