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Il. Problems (15 points): A. Acct 201 was formed consulting ransactions occurred during January. 2018 Jan. 3. Student 1 invested $S0,000 of personal an.4. Acct

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Il. Problems (15 points): A. Acct 201 was formed consulting ransactions occurred during January. 2018 Jan. 3. Student 1 invested $S0,000 of personal an.4. Acct 201 purchased computer The following as a consulting business by Student 1 on January1, 2018. the business-Acct 201. on account. er equipment for $13,000, paying $3,000 cash and the remainder dan. 25. Acct. 201 paid $2.000 on account fo Jan.31. Jan. 31. Student 1 withdrew $5,000 from the business. r the equipment purchased Jan. 4. COllected for fees earned for the month of January were $20,000. Acct 201 paid cash expenses as follows: Wage expenses $5,000; Rent expense $2,000, Other expenses, $1,000. Required: Using the Journal page provided, journalize the January transactions for Acct 201. Use the rollowing account titles (not all will be needed): Accounts Payable, Accounts Receivable, Cash, Equipment, Fees Earned, Other Expenses, Rent Expense, Student 1 Capital, Student 1 Drawing. Supplies, Wage Expense. (Omit transaction explanations in the journal entries)

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