Transaction 1 On March 1, the three classmates opened a checking account for The Wire at a local bank. They each deposited $23,000 in exchange for shares of stock. A few of their friends also purchased stock for $14,000 that was deposited in The Wire account. [Note: Combine both transactions into one entry.] Account: Dollar amount: Cash Account: Accounts Receivable Dollar amount: Inventory Account: Prepaid Rent Dollar amount: Fixtures and Equipment Account: Accounts Payable Dollar amount: Interest Payable Account: Dollar amount: Wages Payable Notes Payable Submit Ans Paid-in Capital Retained Earnings Threaded Leave Blank Other Views My general preferences on what is marked as NEW