how do I prepare t accounts and journal entrys?

3 Required information Business Sim Corp. (BSC) issued 1,500 common shares to Kelly in exchange for $19,000. BSC borrowed $40,000 from the bank, promising to repay it in two years. BSC paid $45,000 for computer equipment with check number 101 and signed a note for $6,000 due in six months. BSC received $950 of supplies purchased on account. BSC's loan contains a clause ("covenant") that requires BSC to maintain a ratio of current assets to current liabilities of at least 2.0. 2:29:10 nt nt Prepare journal entries for the transactions described. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) ences View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 Cash 19,000