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In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $18.600 cash for consulting services rendered in January b. Issued common stock

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In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $18.600 cash for consulting services rendered in January b. Issued common stock to investors for $8.500 cash. c. Purchased $17.500 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $11,300 cash for consulting services to be performed in February e. Bought $1,850 of supplies on account. f. Received utility bill for January for $1.870, due February 15. g. Consulted for customers in January for fees totaling $20,500, due in February h. Received $17,600 cash for consulting services rendered in December 1. Paid $925 toward supplies purchased in (e). Prepare the journal entry for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 Received $18,600 cash for consulting services rendered in January. Record the transaction Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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