The first seven transactions of Harper Advertising, Inc., have boon posted to the company's accounts: Click the icon to view the accounts.) Requirement 1. Prepare the joumal entries that served as the sources for the seven transactions. Include an explanation for each entry. Determine the ending balance in each account. As Harper moves into the next period, how much cash does the business have? How much does Harper owo in total liabilities? Begin by recording the foumal entries, start with transaction (1). (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Accounts and Explanations Cash Common Stock Debit Credit 1 Now record the journal entry for transaction (2) Journal Entry Accounts and Explanations Debit Credit Credit The first seven transactions of Harper Advertising, Inc., have been posted to the company's accounts: Click 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 Harper moves into the next period, how much cash does the business have? How much does Harper owe in total liabilities? Now record the journal ontry for transaction (2) Journal Entry Accounts and Explanations Dobit Credit 2 Now record the journal entry for transaction (3) Journal Entry Accounts and explanations Debit Credit The first soven transactions of Harper Advertising, Inc., have been posted to the company's accounts: Click 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 Harper moves into the next period, how much cash does the business havo? How much does Harper owe in total liabilities? Now record the journal entry for transaction (4) Journal Entry Accounts and Explanations Debit Credit Now record the journal entry for transaction (6) Journal Entry Accounts and Explanations Debit Credit 5 The first seven transactions of Harper Advertising, Inc., have been posted to the company's accounts: (Click 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. Dotermine the ending balance in each account. As Harper moves into the next period, how much cash does the business have? How much does Harper owe in total liabilities? Now, record the journal ontry for transaction (6) Journal Entry Accounts and Explanations Debit Credit 6 3 ces 10 Finally, record the journal entry for transaction (7) TC Journal Entry Accounts and Explanations Debit Credit The first seven transactions of Harper Advertising, Inc., have been posted to the company's accounts: (Click 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 Harper moves into the next period, how much cash does the business have? How much does Harper owe in total liabilities? Determine the ending balance in each account. (Select the "Bal"label and enter each account balance on the correct side of the account.) Cash Land Supplies (3) 1,000 (5) Equipment (7) 3,600 70 (4) 34,000 (1) (2) 8,800 6,500 70 (4) (6) 5,000 290 (5) (7) 3,600 Accounts Payablo Notes Payable Common Stock 1,000 290(3) 6,500 (6) (1) 8,800 (2) (4) 29,000 As Harper moves into the next period, how much cash does the business have? The company's cash balance is How much does Harper owe in total Mobilities? The company owes Next Data Table Cash Supplies (3) 1,000 (5) Land 70 (4) 34,000 5,000 Equipment (7) 3,600 (1) (2) (5) 8,800 (4) 6,500 (6) 70 (7) 290 3,600 Accounts Payable 290|(3 1,000 (6) Notes Payable (2) 6,500 |(4) 29,000 Common Stock 8,800 (1) Print Done Stratpur OWETT TOT TOMT