1.Prepare journal entries in good form for the following transactions. (10 marks)

a)Owner, Mira Addington invested equipment valued at $4,500 and cash of $7,000 into the business.

b)Purchased office supplies for cash, $550.

c)Paid $700 for current month's rent of office space.

d)Billed a client $2,000 for services rendered.

e)Owner, Mira Addington withdrew $1,600 for personal living expenses.