1. D. Belle created a new business and invested $5,200 cash, $6,800 of equipment, and $13,000 in web servers in exchange for common stock. 2. The company paid $5,000 cash in advance for prepaid insurance coverage. 3. The company purchased $800 of supplies on account 4. The company paid $900 cash for selling expenses 5. The company received $4,500 cash for services provided. 6. The company paid $800 cash toward accounts payable. 7. The company paid $2,500 cash for equipment View transaction list Journal entry worksheet Record the owner investment in exchange for stock. Note: Enter debits before credits Debit Credit General Journal Transaction 1