Cash Accounts Receivable Supplies Equipment Notes Payable Rent Expense Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Accounts Payable 1. The owner invests $100,000 cash to start the business. 2. Paid $2,900 cash for rent for the current month. 3. Purchased equipment for $190,000, paying $40,000 cash and signing a 5-year, 10% note payable for the remainder. 4. Purchased $1,200 of supplies on account. 5. Received $1,600 cash advance from a customer for future copying. 6. Paid $900 on account for supplies purchased in transaction 4. 7. The owner withdrew $1,600 from the business for personal expenses. 8. Billed a customer for $890 for services performed. Required: Prepare the journal entries for the 8 items above. 3