Bill Brothers Barbershop is a sole proprietorship that has kept the books manually for several years. They have hired you to move them to QuickBooks Online for the year that begins January 1 of the current year. The books will be kept on accrual basis for management purposes. Select to view their specifications

Which 3 should be entered as individual transactions, with their original dates, rather than entered using the initial journal entry? (Select all that apply)

1. Check to utility company for $87.26
2. Deposit loan from parents for $6,000
3. Retail sales of $2,200
4. The three open invoices issued to the hair stylist
5. Check to the telephone company for $54.19
6. Check for supplies for $1,050

Bill Brothers' Barbershop . . . Bill Brothers will use his prior accounting system for any historical income or expense activity prior to January 1 of the current year There are 3 other barbers who are independent contractors and rent booths from the shop @ $350.00/week. Bill would like to use recurring invoices delivered via email to invoice the barbers for rent Bill's parents loaned the shop money; the remaining balance is $6,000.00 as of December 31 of the prior year In December of the prior yelar, retail sales were $2,200.00 Bill's outstanding receivables consist of three invoices (no partial payments received) to one of the barbers, who is behind on rent The company purchases its retail product using a credit card. The balance due on the card as of December 31 of the prior year is $1,296.01 All purchases were received by year end The balance per the check book register for the checking account on December 31 of the prior year is $12,861.47 and there are two checks outstanding: telephone expense $54.19 and utilities expense $87.26 Prior year ending owner's equity (retained earnings) per previous accountant is $12,801.56 Bill's manual records as of December 31 of the prior year were kept on a cash basis, and include no prepayments