Hi there,

I need help with journalizing the following. Thank you!

Recording Transactions Using Journal Entries and T-Accounts

(1)Receive 50,000 in exchange for common stock.(2)Borrow 10,000 from bank.(3)Purchase 2,000 of supplies inventory on credit.(4)Receive 15,000 cash from customers for services provided.(5)Pay 2,000 cash to supplier in transaction 3.(6)Receive order for future services with 3,500 advance payment.(7)Pay 5,000 cash dividend to shareholders.(8)Pay employees 6,000 cash for compensation earned.(9)Pay 500 cash for interest on loan in transaction 2.