B. Fischer started Fischer Company, a cleaning services firm, on April 1. April 1 B. Fischer invested $5,400 cash to begin the business in exchange for common stock. April 2 Paid $1,710 cash for six months' lease on a van for the business. April 3 Borrowed $6,000 cash from a bank and signed a note payable, agreeing to repay it in one year plus 10% interest. April 4 Purchased $3,300 in cleaning equipment; the company paid $1,500 cash with the remainder due within 30 days. April 5 Paid $2,580 cash for cleaning supplies. April 7 Paid $210 cash for advertisements to run in the area newspaper during April. April 21 Billed customers $2,100 for services performed. April 23 Paid $1,800 cash toward the account for cleaning equipment (see April 4). April 28 Collected $1,380 cash from customers on their accounts billed on April 21. April 29 Paid $600 cash for dividends. April 30 (a) Paid $1,650 cash for April wages. April 30 (b) Paid $597 cash for gasoline used during April. . 0 > > . + a. Prepare a journal entry for each transaction. Note: List any multiple debits or any multiple credits in alphabetical order by account name. Account Debit Credit April 1 Cash 5,400 0 Common Stock 0 5,400 Owner invested cash for stock April 2 Prepaid Van Lease 1,710 0 Cash 0 1,710 Paid six months' lease on van April 3 Cash 6,000 0 Notes Payable 0 6,000 Borrowed money from bank April 4 Equipment 3,300 Cash 0 1,500 Accounts Payable 0 1,800 Purchase of equipment April 5 Supplies 2,580 0 Cash 0 2,580 Purchase of supplies April 7 Advertising Expense 210 0 Cash 0 210 Payment for advertising April 21 Accounts Receivable 2,100 0 Service Fees Earned 0 2,100 Billed customers for services Accounts Payable 1,800 0 Cash 0 1,800 Payment on account Cash 1,380 0 . . . > . April 23 0 April 28 b. Post the journal entries to the T-accounts. April 1 Cash 5,400 6,000 1,380 April 3 April 28 1,710 April 2 1,500 April 4 2,580 April 5 210 April 7 1,800 April 23 600 April 29 1,650 April 30a 597 April 30b Accounts Receivable Supplies 0 Prepaid Van Lease 0 Equipment 0 Notes Payable 0 April 5 0 April 21 0 0 April 28 April 2 0 April 4 0 0 April 3 Common Stock Accounts Payable 0 Dividends 0 Service Fees Earned 0 0 April 21 Advertising Expense 0 0 Wages Expense 0 April 23 0 April 4 April 29 0 0 0 April 1 April 7 April 30 0 Fuel Expense 0 April 30 0