1. Complete the table below using Accounting Equation (Assets Liabilities + Owner's Equity): Compute the missing amounts in the accounting equation for each businesses. Economy Cuts Maple Dry Cleaners Dauphin Gift and Cards ASSETS LIABILITIES OWNER'S = EQUITY $120,000 $40,000 $100,000 $145,000 $50,000 $115,000 2. Record the following Transactions in a Journal. ABC Yoga engaged in the following transactions during January 2024, its first month of operations: January 02 - The business received a $15,000 cash investment from the owner, Yula Gregore, to start ABC Yoga. January 03-Paid $4,000 cash to rent a yoga studio for the month of March. January 04 - Purchased Studio Supplies for $4,000 on Account. January 06 - Earned Service Revenue and received cash, $3,000. January 09 - Paid $1,000 on Accounts Payable of January 04. January 17-Earned Service Revenue from a client on account. Identify transactions by their date and include an explanation for each entry. Use the following accounts: Cash; Accounts Receivable; Studio Supplies; Accounts Payable; Yula Gregore, Capital; Service Revenue and Rent Expense. Date January 2024 2 3 4 6 9 17 Accounts and Explanations Dr Cr