PART B: Ellen Leung started a courier company. From the following chart of accounts, indicate in column 2 (by account number) which account(s) will be debited or credited because of the transaction in column 1. Chart of Accounts ASSETS 100 Cash 120 Accounts Receivable LIABILITIES 210 Accounts Payable 170 Equipment-Office 180 Van REVENUE 400 Fees Earned OWNER'S EQUITY 300 E. Leung, Capital 310 E. Leung, Withdrawals COLUMN 1 Debit(s) Credit(s) 1. EXAMPLE: Ellen Leung invested $25,000 in the courier company. 2. Bought equipment on account for $6,000. 3. Purchased a van on account for $40,000. 4. Ellen paid home utility bill from company chequebook, $20. 5. Telephone bill received, not due until next month. 6. Customer charged a courier pick-up of $20. 7. Received partial payment for transaction #6 of $10. 8. Collected $100 in cash from courier fees earned. 9. Paid driver salaries of $450. 10. Paid advertising bill, $32. EXPENSES 500 Advertising 510 Gas 550 Salaries 560 Telephone COLUMN 2 100 300