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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

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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 started the creating monthly financial statements. Required: Several transactions occurred in March. Each is described separately in this folder. For each transaction, indicate the accounts for The Wire that were affected, whether they onse er deres, as the amount of the increase or decrease YOU MUST FOLLOW THE INSTRUCTIONS BELOW. IF YOU DONT, YOU MAY KNOW THE CORRECT ENTRY BUT THE COMPUTER WILL NOT RECOGNIZE IT AND WILL NOT GIVE YOU NOT 1. After each transaction description, there are several Account submission boxes and corresponding "Amount submission boxes to indicate the account that you think it use the the drop-down menu. But you MUST select them in the order that they are listed in the menu. FOR EXAMPLE,you think that cash and Inventory rected by a particular 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 power, you can choose and Cash effect second, even if they are the correct accounts with the correct dolar 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 sito di Ant 3. There are always more "Account" and "Amount" submission boxes available than are necessary. When you have indicated at the account that are the two the drop-down menu for EACH of the remaining Account submission boves (you can leave the "Amount" bowes blank) 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 Transaction A one-year store rental lens was signed on March 1 for $1,200 per month, and rent for the first 4 months was paid in advance. Not Record the comete entry for me Marrastoint and commit March 31 adjusting entry second] Account: Dollar amount Account: Dollar amount: Accounti Dollar amount Account: D Dollar amount: Account: D Dollar amount

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