(A) Prepare General Journal 1. Company provided services $3,000 in cash 2. Owner invested $1,000 in cash 3. Company purchased office supplies $650 on account 4. Company paid rent expense $5,000, Salary salaries expenses $1,500, Insurance Expenses $450 5. Company sold inventory $600 on account 16 Date Debit $3,000 Credit $3,000 1 Items Cash Service Revenue Investment Owner Equity $1,000 $1,000 2 $650 $650 3 Office Supplies Prepaid Expenses Rent expense Salary salarles Insurance Expenses $5,000 $1,500 $450 Inventory $600 5