MGT 11A - HW 2 (Protected View) - Microsoft Word View Acrobat e. Click for more details. Enable Editing T . THIS SI5CIT WILT cu puirre, PICOS IUL, CUIR NICHT MUULLUI submit by excel document Background: Karen loves dogs, but she currently does not have any of her own. What Karen does have a lot of nowadays is time, so she decides to start up a business where she walks dogs around the neighborhood. She has $200 cash and decides to fund her business, "Karen's Walkathon." She realized that the first thing she needs to buy with this business are Supplies, so she goes to the store and buys some dog leashes for $150 total, in cash. Now that she is equipped with the proper supplies, she starts looking for customers. The following is a list of transactions related to her business: Month of March 3/1/20XX - Karen walks Customer 1's dogs for $100 total. This customer paid in cash 3/3/20XX - She then walks Customer 2's dogs for $200 total. This customer promises to pay for her services within 30 days 3/4/20XX - Karen then walks Customer 3's dogs for $300 total. This customer pays $100 in cash and the rest they'll pay within 30 days. This customer told Karen that they would also be willing to buy premium dog biscuits and that many of their friends would also be interested in buying them. Karen sees this as an opportunity to sell more than just her dog walking services 3/6/20XX - Karen realizes that she needs more money so that she can purchase premium dog biscuits to sell. She goes to the bank and takes out a loan in the form of a Note for $2,000, to be paid back in 30 days 3/7/20XX - Karen goes into a specialty pet food store and buys 100 premium dog biscuits for $20 each. She paid for 80 premium dog biscuits in cash, and the rest purchased on account, due in 30 days 3/10/20XX - Karen walks Customer 4's dogs for $200 and sells this customer 30 premium dog biscuits for $50 each. They pay for it all in cash 3/20/20xx - Customer 2 pays Karen what was owed on account for the dog walking services 3/30/20XX - Customer 3 pays for the rest of the money owed on account Month of April 4/6/20XX -- Karen repays the bank for the Note (loan) that she borrowed 4/7/20XX - Karen pays the specialty pet food store for the rest of what was owed on account Based on the Excel Spreadsheet used during Lecture 2-2 (MGT 11A Week 2-2.xslx): Objective 1: What are the Dr/Cr Journal Entries Recorded for each transaction? Objective 2: Post the Journal Entries to the Ledger T-Accounts and note the ending balances of each Account. Make sure to use T-Accounts and properly post the amounts in the proper Dr/Cr columns PL