Prepare journal entries for each of the following transactions: 1. Pay $700 for radio advertising for the current month. 2. Purchase supplies of $1,300 on account. 3. Provide services of $2,900 to customers and receive cash. 4. Pay employee salaries for the current month of $900. 5. Provide services of $1,000 to customers on account. 6. Pay utility bill for the current month of $300. Question 2: Consider the following transactions. 1. Receive cash from customers, $15,000. 2. Pay cash for employee salaries, $9,000. 3. Pay cash for rent, $3,000. 4. Receive cash from sale of equipment, $8,000. 5. Pay cash for utilities, $1,000. 6. Receive cash from a bank loan, $4,000. 7. Pay cash for advertising, $7,000. 8. Purchase supplies on account, $3,000. Assuming cash had a $5,000 balance in it before these transactions, what should be the ending balance of cash after these transactions