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S2-7 (similar to)Question HelpKendell Bryant Optical Dispensary completed the following transactions during the latter part of March:Mar. 15Purchased office supplies on account, $4,20028Paid $1,200 on account.Read the requirementsRequirement 1. Journalize the transactions of Kendell Bryant Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits.Select the explanation on the last line of the journal entry table.)Mar. 15: Purchased office supplies on account, $4,200.DateAccounts and ExplanationDebitCreditMar. 15Requirements1.Journalize the transactions of Kendell Bryant Optical Dispensary. Include anChoose from any list or erexplanation with each journal entry.2.The following T-accounts have been opened for you: Cash (Beginning2partsremainingBalance of $16,000), Office Supplies, and Accounts Payable. Post the journalentries from Requirement 1 to the accounts, and compute the balance inCheck Answereach account