Consider each of the transactions below. All of the expenditures wer 1. The Edison Company spent $18,000 during the year for experime product 2. In April, the Marshall Company lost a patent infringement suit and 3. In March, the Cleanway Laundromat bought equipment. Cleanway requiring the payment of $21,000 in nine months. The cash price f 4. On June 1, the Jamsen Corporation installed a sprinkler system thr 5. The Mayer Company, plaintiff, paid $18,000 in legal fees in Novem patent. 6. The Johnson Company traded its old equipment for new equipme equipment had an original cost of $10,400 and a book value of $4, as part of the trade. The exchange has commercial substance. Required: Prepare journal entries to record each of the above transactions. Complete this question by entering your answers in the tabs b Transactions 1 to 5 Transaction 6 Prepare journal entry to record the above transaction 6. (If no entry is required" in the first account field.) View transaction list Journal entry worksheet