Take me to the text The following information pertains to Christopher Lee's personal financial transactions Opening Balances - October 1, 2018 Cash $11.900 Contents of Home $2.100 Automobile $18.500 House $163.600 Unpaid Accounts $6,800 Bank Loan $59.100 Transactions for the month of October 2018 1. Paid miscellaneous expenses for the month of October with $800 cash 2. Purchased new jewelry worth $2,500 with cash. 3. Paid credit card liability of $6.800 (Unpaid Accounts) in full. 4. Paid telephone, electricity and water bill for October with $600 cash 5. Purchased $2,400 of groceries and goods for personal consumption with cash. 6. Deposited $4,400 salary earned during the month. Do not enter dollar signs or commas in the input boxes Use the negative sign for a deficit The T-Account fields are labeled by transaction number. Record each transaction by entering the value into the corresponding L-Account field. Required a) Using the information provided, record the opening balances in the T-accounts. b) Record the transactions for the month of October in the T-accounts. Personal Balance Sheet As at October 31, 2018 Assets (what we OWN) Liabilities (what we OWE) Increase Decrease Decrease Increase Cash Unpaid Accounts Opening: S 11900 Opening: 5 Transaction #1 Transaction #1 800 800 Transaction 2 Transaction #2 2500 2500 Transaction #3 Transaction 3 Transaction 4 Transaction #4 Transaction 5 Transaction #5 Transaction #6 Transaction #6 Ending: $ Ending: 5 Increase Decrease Increase Decrease Contents of Home Bank Loan Opening: Opening: 5 Transaction #1 Transaction #1 Transaction #2 Transaction #2 Transaction 3 Transaction #3 Transaction #4 Transaction #4 Transaction 5 Transaction #5 Transaction 6 Transaction #6 Ending: 5 Ending: 5 Increase Decrease Automobile Opening: 5 Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transactions Transaction #6 Ending: 5 Increase Decrease Decrease House Increase Net Worth Opening: 5 Opening: 5 Transaction #1 Transaction #1 Transaction 2 Transaction #2 Transaction 3 Transaction 3 Transaction #4 Transaction #4 Transactions Transactions Transaction #6 Transaction #6 Ending: 5 Endings Total Assets $ Total Liabilities Net Worth $ Persolid Colle Satelli For the Month Ended October 31, 2018 REVENUE Decrease Increase + Revenue Transaction # 1 Transaction #2 Transaction #3 Transaction #4 Transaction # 5 Transaction #6 Ending: $ minus Expenses Increase Decrease Increase Decrease Entertainment Food nsaction # 1 Transaction # 1 nsaction # 2 Transaction # 2 nsaction # 3 Transaction # 3 nsaction # 4 Transaction # 4 nsaction # 5 Transaction # 5 nsaction #6 Transaction #6 Dling: $ Ending: $ Increase Decrease Increase Decrease Miscellaneous Utilities nsaction # 1 Transaction #1 nsaction # 2 Transaction # 2 nsaction # 3 Transaction # 3 nsaction #4 Transaction #4 nsaction #5 Transaction # 5 nsaction # 6 Transaction #6 ding: $ Ending: $ Total Revenue Total Expenses Surplus (Deficit)