PLEASE INSERT THE ANSWERS INSIDE THE TABLE.

Required information Brief Exercise 2-10 (Algo) Analyze the impact of transactions on the accounting equation, record transactions, and post (LO2-2, 2-3, 2-4, 2-5) [The following information applies to the questions displayed below.] The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $20,000 and receive cash. b. Purchase office supplies on account for $10,000. c. Pay $5,000 in salaries to employees for work performed during the month. Brief Exercise 2-10 (Algo) Part 1 1. Analyze each transaction. For each transaction, indicate by how much each category in the accounting equation increases or decreases. (Decreases to account classifications should be entered as a negative.) 2. Record the transactions. The company uses the following accounts: Cash, Supplies, Accounts Payable, Salaries Expense, and Service Revenue. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Provide services to customers for $20,000 and receive cash. Note: Enter debits before credits. Brief Exercise 2-10 (Algo) Part 3 3. Post the transactions to T-accounts. Assume the opening balance in each of the accounts is zero