Galle Inc. entered into the following transactions during January.

1. January 1: Borrowed $193,000 from First Street Bank by signing a note payable.
2. January 4: Purchased $25,000 of equipment for cash.
3. January 6: Paid $500 to landlord for rent for January.
4. January 15: Performed services for customers on account, $20,900.
5. January 25: Collected $3,000 from customers for services performed in Transaction d.
6. January 28: Purchased land for $250,000 by paying $30,000 cash and obtaining a loan for the balance.
7. January 30: Paid salaries of $8,500 for the current month.

Required:

Prepare journal entries for the transactions. If an amount box does not require an entry, leave it blank.

Jan. 1	Cash	fill in the blank 2	fill in the blank 3
	Notes Payable	fill in the blank 5	fill in the blank 6
4	Equipment	fill in the blank 8	fill in the blank 9
	Cash	fill in the blank 11	fill in the blank 12
6	Rent Expense	fill in the blank 14	fill in the blank 15
	Cash	fill in the blank 17	fill in the blank 18
15	Accounts Receivable	fill in the blank 20	fill in the blank 21
	Service Revenue	fill in the blank 23	fill in the blank 24
25	Cash	fill in the blank 26	fill in the blank 27
	Accounts Receivable	fill in the blank 29	fill in the blank 30
28	Land	fill in the blank 32	fill in the blank 33
	Cash	fill in the blank 35	fill in the blank 36
		fill in the blank 38	fill in the blank 39
30	Salaries Expense	fill in the blank 41	fill in the blank 42
	Cash	fill in the blank 44	fill in the blank 45