Question/ View Policies Current Attempt in Progress Sheridan Enterprises had the following selected transactions 1 Bo Sheridan invested $3,520 cash in the business. 2 Purchased a 2-year Insurance policy for $2.112. 3. Pald office rent of $739. 4. Performed consulting services and billed a client $4,576. 5. Bo Sheridan withdrew $660 cash for personal use. Prepare the debit credit analysis for each transaction Debit-Credit Analysis Effect on Accounting Equation :: Debit Effect on Amounts 1. Debits Credits : Credit 2. Debits Debit Credits 4 Credit 2 Debits Credits Credit 3 Debits Credits * 1 Debit Credit Debits 4: Debit # Credit Credits 5. Debits Debit Credit Credits e Textbook and Media