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2. Prepere a halasce abet at Janury 31. 2015. Question 2 The following transactions of Larnoa Services lac, escurred durieg Angunt 2015, in firut anonth

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2. Prepere a halasce abet at Janury 31. 2015. Question 2 The following transactions of Larnoa Services lac, escurred durieg Angunt 2015, in firut anonth of operationk Aug. I Inued share capital for 53,000 cash 1 Berroued 510,000 cash from the bank 1 Paid $8,000 cash for a used trock 3 Signed a contract with a customer to do a $15,000 job beginning in Noveraber 4 Paid 5600 for a one-year truck insurance policy effective Aagust I 5 Collected fees of 52.000 for work to be performed in September 7 Billed a client 55,000 for services performed today 9 Paid $250 for supplies purchased and used todry 12 Purchaied 5500 of aupplies on credit 15 Collected $1,000 of the amount billed A gerast 7 16 Paid 5200 for advertising in The News that ran the fint two weeks of Aunnt 20 Paid 5250 of the amoust owing rezadiag the credit purchase of Angust 12 25 Paid the following expenses: reat for August, 5350 ; salaries, 52.150 , telephoee, 550 . track operation, 5250 28 Called clients for paymeat of the balmecs owint from Aupust 7 31 Billed a clieat 56,000 for services performed today 315500 of the amout collected on Anguit 5 has been earned as of todry Required: Prepare Journal Entries (Debit and Credit) for each transaction

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