2. Prepare joumal entries for the January transactions listed in part 1, using the letter of each transaction as a reference. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Record the receipt of $71,750 cash from customers for subscriptions that had already been earned in 2014 1 hat had 2 Record the receipt of $220,000 cash from Electronic Arts, Inc. for service earned in the month of January. Record the purchase of 10 new computer servers for $40,800; paid $15,600 as cash and signed a three year note for the remainder owed. 3 Credit 4 Record the payment of $15,100 for an Internet advertisement run on Yahoo! in January. Record the sale of 13,800 monthly subscriptions at $13 each for services provided during January. Half was 5 Note :journal entry has been entered Record entry Clear entry