PART II (24 POINTS) Prepare the journal entries for the following transactions for Bobs Pizza 1) Bob Invests $40000 cash in his pizza business and equipment with a value of $30000. Account Dr. Cro 2) Bob pays $5000 cash for supplies. Account Dr. Cr. To 3) Bob purchases $7000 of supplies on credit from a supplier. Account Dr. 4) Bob caters a pizza dinner and earns $6500 cash in revenues. 5) Bob pays December rent for $1000 cash. Page 6) Bob pays $700 cash for employee salaries. 7) Bob pays \ the supply bill in transaction #3 in cash. 8) Bob withdraws $1000 in cash. 9) Bob receives 2000 cash for future pizza catering revenue. 10) Bob pays $2400 cash for future 24 month insurance coverage. 11)Bob buys pizza supplies for cash $120. 12)Bob pays $250 cash for December utilities expense. Page PART III (50 POINTS) A) Prepare a trial balance for the transactions for Bob's Pizza B)Prepare the Income statement for Bobs Pizza. Page C)Prepare the Statement of Owners Equity for Bob's Pizza. D) Prepare the Balance Sheet for Bob's Pizza