Three former college classmates decided to open a store near campus to sell wireless equipment to students. They created a public company. The wire, and stock to interested investors. They canon creating monthly financial statements. Required: Several transactions occurred in March. Each is described separately in the folder. For each transaction indicate the accounts for The Wire that are atted, whether they room the amount of the increase or decrease YOU MUST FOLLOW THE INSTRUCTIONS BELOW. IF YOU DON'T, YOU MAY KNOW THE CORRECT ENTRY BUT THE COMPUTER WILL NOT RECOGNIZE IT AND WILL NOT GIVE YOU CHO 1. After each transaction description, there are several Account submission boxes and corresponding "Amount wines. To the accounts that you think wete, conse them from the drop down menu. But you MUST select them in the order that they are listed in the menu. FOR EXAMPLE, If you think that cash and Inventory are affected by You must record the effect on the cash account first and the effect on the Inventory account second, since that is the order in which they are listed in the drop-down menu you recorte Inventory first and Cash effect second, even if they are the correct account with the correct dollar amounts, your answer will be considered wrong 2. When you record the dollar amounts, be sure to use a minus sign to indicate a decrease in the account. You don't need to use a plus sign to indicate an ince Anodontve a corner specs 3. There are always more "Account and Amounty submission boxes available than are necessary. When you have indicated all the accounts that are affected by the transaction led "Lavender the drop-down menu for EACH of the remaining Account submission boxes (you can leave the amount boxes Bank) 4. For transactions 1, 3, 4, 5, and 8, you are given additional instructions. Read and follow them 5. You get 5 tries for each complete entry 6. The entries for transaction is worth 4 points. The entries for each of the other transactions are worth 2 points * traction mer Transactions Sales were 376,000. Cost of merchandise sold was 50% of sales. 80% of sales were on open account. (Note: Record comes to mine and Account Dollar amount Account: Dollar amount: Account: Dollar amount Account: e Dollar amount Account: B Dollar amount: Account: Dollar amounts