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Ivanhoe Ltd. has the following selected transactions: 1. Issued common shares to shareholders in exchange for $5,750. 2. Paid rent in advance for two months,

Ivanhoe Ltd. has the following selected transactions:

1. Issued common shares to shareholders in exchange for $5,750.
2. Paid rent in advance for two months, $2,415.
3. Paid administrative assistant $575 salary.
4. Billed clients $1,380 for services provided.
5. Received $1,035 in partial payment from clients for services provided in item 4 above.
6. Purchased $575 of supplies on account.
7. Paid supplier amount owing on account, $575.
8. Borrowed $1,150 cash from the bank to purchase equipment.

Journalize the transactions for Ivanhoe Ltd.

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