2 M3-14 Preparing Accrual Basis Journal Entries for Business Activities (LO 3-3] Quick Cleaners, Inc. (QCI), has been in business for several years. It specializes in cleaning houses but has some small business clients as well. 6.2 points a. Issued $26,000 of QCI stock for cash. b. Incurred $995 of utilities costs this month and will pay them next month. c. Incurred and paid wages for the current month, totaling $2,100. d. Performed cleaning services on account worth $3,450. e. Some of Quick Cleaners's equipment was repaired at a total cost of $272. The company paid the full amount at the time the repair work was done. eBook Print Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month. 2. Determine QCI's preliminary net income. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine QCI's preliminary net income. Preliminary Net Income $ 0