ahow general journal

1. Selected transactions for Beyers Advertising Corporation during its first month in business are shown below. Prepare journal entries for these transactions using the general journal form. Do NOT provide explanations. Chart of Accounts: Cash Accounts Receivable Equipment Accounts Payable Prepaid Insurance Common Stock Dividends Service Revenue Equipment Expense Insurance Expense Salaries Expense April1April8April15April20April25April29Issuedcommonstockinexchangefor$20,000cashreceivedfrominvestors.Performedservicesonaccountfor$18,000.Purchasedequipmentfor$9,000,paying$3,000incashandandthebalanceonaccount.Paid$1,200cashforofficesalaries.Paid$500cashdividend.Paid$1,200for12monthsofinsurancecoverage.CoveragebeginsMay1