7. Jackson Enterprises is a new corporation. The following transactions occurred during the first month of business. (1) Prepare below journal entries. a) Received $15,000 cash and issued common stock. b) Paid the first month's rent with $800 cash. c) Purchased equipment by paying $4,000 cash and executing a note payable for $4,000. d) Purchased office supplies for $200 cash. The supplies remain at the end of the month. e) Billed clients for a total of $7,000 for design services rendered. f Received $1,000 cash from clients for services rendered above. (1) (24 pts) Accounts Debit Credit a) b) c) d) e)