Complete a journal entry for the following:

Ch 3 Income Statement Transactions The following activities occurred during January 2016. Prepare a journal for each transaction. Then, summarize the effects of each transaction in the appropriate T-account. (a) Provide website design services for $40,000 (b) Provide website design services to Acme Company, for $20,000 on account. (c) Collect $18,000 from Acme Company on account. (d) Sell a $1,000 gift certificate. (e) Customer redeems $1,000 gift certificate for website design services (f) Paid employees S16,000 earned. (g) Paid $3,000 insurance for next year in advance. (h) Paid $9,000 rent for next six months in advance. (i) Received $250 telephone bill for current month, to be paid next month. 6) Received $500 utility bill for this month, to be paid immediately. Coneral Journal