Write the double entries for the following transactions on an Excel Sheet. Once completed, save the sheet with your name and upload it$.$

Owner invested $$5,000$ cash into the business.

Purchased office supplies for $$500$ cash.

Made sales on account for $$2,000.$

Paid $$700$ for rent.

Purchased inventory on account for $$3,000.$

Paid $$1,000$ to a supplier for a previous purchase on account.

Received $$1,500$ from customers on account.

Paid salaries of $$1,200.$

Borrowed $$4,000$ from the bank, to be repaid in two years.

Paid $$200$ for utilities.