Adventure Travel Agency began business on January 1, 2013. Using an Excel spreadsheet, prepare journal entries for the following transactions that occurred during 2013.

January 1, 2013 The owner, Scott Smith, invested $30,000 in cash and computer equipment valued at $20,000 in the company.

February 3, 2013 The company performed services for a client and immediately received cash in the amount of $760.

February 28, 2013 The company purchased office equipment on credit for $6,800.

March 3, 2013 The company performed services for a client and billed the client for $1,200 to be paid within 30 days.

March 28, 2013 The company received $700 from the client in the March 3rd transaction to pay on their account.

April 7, 2013 The company paid $6,800 cash for the bill for the office equipment purchased on February 28th.

December 20, 2013 The company purchased $600 of supplies on account. This bill will be paid in January 2014.

December 30, 2013 The owner, Scott Smith, withdrew $3,500 in cash from the company.