Answer the following questions based on the transactions given below: 1. The owner, Robbie Smith, invested $40,000 to start a record company operating as a sole proprietorship. 2. Received a $8.000 depdsit from a customer to produce a record. 3. Purchased $12,000 of sound equipment using cash and a $8,000 loan. 4. Paid six months rent in advance. Monthly rent is $600. 5. Provided services for $10,000, half of which was collected in cash at the time of the sale. 6. Paid staff salaries of $2,400. 7. Paid himself $2,000. 8. Collected the remaining outstanding balance on customer accounts. 9. Paid the outstanding loan, in full, from the purchase of the sound equipment. Question 9 of 20 Date Accounk Tities Debit Credit 1. ; i 2 t) t 3. t ) a ( ) t Question 9 of 20 0 6. 7. 8. 9. Sineforlatin Aftempts: Dot 1 used