Transaction analysis is the most important skill needed to accurately record accounting transactions. Students must develop a strong foundation or have difficulty going forward. To demonstrate your understanding of transaction analysis, journalize the following transactions for Frosted Flakes, Inc., and explain the effect on the accounting equation. 1. Tony Tiger invested cash ($10,000) and equipment ($15,000) in Frosted Flakes, Inc. in exchange for stock. 2. Frosted Flakes purchased a delivery truck on credit (or account) for $30,000. 3. Frosted Flakes made a $500 payment of the delivery truck. 4. Make certain that you use examples from the chapter to help you complete this assignment. 5. Post at least one response to another student's post.