Kindly Make the same tables. NO NEED TO ANSWER 2.5 FOR ME because that is just the reference for 2.6

PRACTICE Practice Exercise 2.6 EXCEL Using the transactions from Practice Exercise 2.5, complete the following accounting equations. Assume that the opening balances are as follows: Assets: $5,000; Liabilities: $2,500; and Owner's Equity: $2,500 (Capital). List each transaction entry under the appropriate heading of the expanded accounting equation. (LO5) Ann Litigate Paralegal Services May 1 - May 31 TRANSACTION ASSETS LIABILITIES OWNER'S EQUITY Capital Withdrawals + Revenue Expenses Opening 5,000 2,500 2,500 DO Ending Balance PROOFPRACTICE Practice Exercise 2.4 EXCEL Using the worksheet provided, complete the expanded accounting equation by recording the following transactions. (LO5) Balances from the opening balance sheet were entered by Ann Litigate. She had invested $8,000 in her firm. 2 Office equipment costing $800 was purchased and paid for using cash. Ann purchased $900 worth of office furniture from a furniture store on credit. Ann paid for personal expenses from the firm's bank account in the amount of $1,500 5 Legal fees of $1,600 were invoiced to a client and the client paid the bill. Legal fees of $800 were invoiced to a client and the client has not paid the bill. Ann paid one month's salaries expense in the amount of $2,000. ASSETS LIABILITIES OWNER'S EQUITY General Bank Accounts Office Furniture A. Litigate Fees Transaction Account Receivable and Equipment Accounts Payable Capital Withdrawals + Earned Expenses 8.000 8.000 BAL 8.000 0 0 8,000 0 D 2 BAL 3 BAL 4 BAL 5 BAL 6 BAL 7 END BAL + TOTAL ASSETS TOTAL LIABILITIES + TOTAL OWNER'S EQUITY CAPITAL PROFIT + +PRACTICE Practice Exercise 2.5 EXCEL For each of the following transactions, identify the account names and the account type using the chart of accounts printed on the inside cover of this textbook. (LO5) Transaction Account Name/Type Paralegal contributed $10,000 to the legal services firm from personal funds. 2. Paralegal took a draw ($1,200) against the legal services firm's equity for personal use. 3. Paralegal purchased a new all-in-one printer for the office ($350) with cash. Paralegal paid bookkeeper for bookkeeping services ($1,000) with cash. 5. Paralegal paid office rent, which included utilities and telephone ($1,500), with cash. 6. Paralegal billed a client for professional fees and received payment from the client ($1,700). 7. Paralegal paid Law Society dues ($1,100). Paralegal paid principal and interest on her bank loan ($500 principal; $100 interest)