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4. In January, Tongo, Inc., a branding consultant, had the following transactions. ts a. Received $12,200 cash for consulting services rendered in January. b.
4. In January, Tongo, Inc., a branding consultant, had the following transactions. ts a. Received $12,200 cash for consulting services rendered in January. b. Issued common stock to investors for $16,000 cash. c. Purchased $14,400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $9,200 cash for consulting services to be performed in February. e. Bought and received $1,700 of supplies on account. Received utility bill for January for $1,520, due February 15. 9. Consulted for customers in January for fees totaling $23,500, due in February. h. Received $13,700 cash for consulting services rendered in December. Paid $850 toward supplies purchased in (e). Prepare the journal entry for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
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