Question: Details Please complete the following exercises. ( 2 ) Exercise 2 - 5 : Analyzing Transactions William Curtis is a personal finance and own Much

Details
Please complete the following exercises.
(2) Exercise 2-5: Analyzing Transactions
William Curtis is a personal finance and own "Much Money" consulting. This is his first month of operations and William has hired you to do his accounting. The following transactions are for the month of October.
a. On October 2, William Curtis invested $32,600 cash into his business.
b. On October 4, purchased $925 of office supplies for cash.
c. On October 6, purchase $13,600 of office equipment on credit.
d. On October 10, received $3,000 cash as revenue for being a guest on the TV show City Talk.
e. On October 12, paid for the office equipment purchased in transactions (C).
f. On October 16, billed a customer $5,400 for delivering a corporate workshop on smart investing.
g. On October 18, paid October's rent for the downtown office with $3,500 cash.
h. On October 26, collected cash for all of the account receivable created in transaction (f).
i. On October 31, withdrew $5,000 cash from the business for a trip to Hawaii.
Required: For each transaction, (1) Complete the analysis, (2) determine the journal entry analysis and (3) record the journal entry. Use the format given below. Transaction a. has been completed for you as an example:
a. Analysis
Assets increase. Equity increases.
Debit the cash account for $32,600.
 Details Please complete the following exercises. (2) Exercise 2-5: Analyzing Transactions

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