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In January, Tongo, Incorporated, a branding consultant, had the following transactions. a . Recelved $ 9 , 5 0 0 cash for consulting services rendered

In January, Tongo, Incorporated, a branding consultant, had
the following transactions.
a. Recelved $9,500 cash for consulting services rendered In January.
b. Issued common stock to Investors for $10,000 cash.
c. Purchased $12,000 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years.
d. Recelved $7,500 cash for consulting services to be performed in February.
e. Bought and recelved $1,000 of supplies on account.
f. Recelved utillty bill for January for $1,250, due February 15.
g. Consulted for customers in January for fees totaling $15,900, due in February.
h. Recelved $12,000 cash for consulting services rendered in December.
I. Pald $500 toward supplies purchased in (e).
Requlred:
Prepare the journal entry for each of the above transactions. (If no entry ls required for a transaction/event, select "No Journal Entry
Requlred" In the flrst account fleld.)
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