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Three former college classmates decided to open a store near Campus to sell wirelessment to students. They created a public company. The Wire, and issued

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Three former college classmates decided to open a store near Campus to sell wirelessment to students. They created a public company. The Wire, and issued stock to interestedvestors. They 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 are affected, whether they increase or decrease, and the amount of the increase order 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 CREDIT 1. Ar each transaction description, there are several Accountsumon bones and corresponding 'Amount to indicate the account that you think are affected choose them from 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 are affected by a partir transaction, you must recen the effect on the cash account first and the effect on the inventory account second since that the order in which they are listed in the drop-down menu. If you record the inventory effect first and the Cash effect second, even they are the correct accounts with the correct collar amounts, your answer will be considered wrong 2. When you record the dollar amount, be sure to use a mission to indicate a decrease in the count. You don't need to use alus on to indicate an Also, don't use a designers 3. There are more "Account and "Amount" submission to be than are necessary. When you have indicated at the accounts that are afected by the transaction leve ankom the drop-down menu for EAD of the remaining Account submission boxes (you can leave the amount homes bank) 1. For transactio 1.3, 4, 5, and you are giventional structions. Read and follow them 5. You get 5 tres for each compte entry The entes for transaction is worth 4 points. The ants for each of the other transactions are worth 2 On March 1, the tive danmates opened a cheang account for The Wire at a local bank. They each deposited $22.000 in exchange for shares of stock. A few of the triedo purchased stock for $10.00 was deposited in The Wire account. (Note: Combine both transactions into one entry Account Dollar amount: Account Dollar amount Accounti B Dollar amount Accounti B Dollar amount: Mounti Dollar amount

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