Davis &Bell began a health clinic as a corporation in 2014.Several transactions which occurred early in 2014 are descibed below.Record each transaction in proper journal entry form, excluding written explanations. Required: 5 points each Record each transaction in proper journal entry form, excluding written explanations.

A 1/15/2014 Stockholders invested $90,000 in the business and received shares of common stock as evidence of ownership.

B 2/1/2014 Rent of $2,000 was paid for the month of February

C 2/10/2014 Equipment with a cost of $10,000 was purchased on credit; payment is due in 30 days.

D 2/14/2014 Fees totaling $5,500 were billed to patients; $3,000 was collected immediately and the balance of $2,500 is due within 30 days.

E 2/19/2014 Full payment was made for the equipment purchased on February 10th.