The first even transactions of Everett Advertising, Inc., have been posted to the company's accounts: Ce the icon to view the accounts.) Requirement 1. Prepare the journal entries that served as the sources for the seven transactions. Include an explanation for each entry. Determine the ending balance in each account. As Everett moves into the next period, how much cash does the business have? How much does Everett owe inal liabilities? Begin by recording the journal arts start with transaction (1) Record debits first, then credits 0 Data Table Journal Entry Accounts and Explanations Debit Credi los 10 cm ww w w stanta 300/ 8.000 (0) c) 220 3,500 Now record the journal entry for transaction (2) Common Stock Journal Entry Nathan forti Choose from any list or enter any number in the input neds and then continue to the next