Create journal entries for the transactions listed:

1. On March 7th, the company paid cash for 15,000 of equipment.

2. On March 13th, the company completed a job for a customer and received $1,700.

3. On March 20th, the company received March's phone bill of $300 and paid it.

4. On March 24th, the company received a $400 electric bill for March's utilities to be paid in April.