Joseph Taylor engaged in the following activities in establishing his photography studio, Carla Vista: 1. Opened a bank account in the name of Carla Vista and deposited $7.810 of his own money into this account in exchange for common stock. 2. 3. Prepare the journal entries to record the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation 1. Purchased photography supplies at a total cost of $940. The business paid $290 in cash, and the balance is on account. Obtained estimates on the cost of photography equipment from three different manufacturers.

Joseph Taylor engaped in the following axtivities in establishing his photopraphiy sudio, Corla Vistar 1. Opened a bankaccount in the name of Carla Vista and deposited 57,810 of his owr money into this account in echange for commonstock 2. Purchased photograghy supplies at a fotal cost of 5940 . The business paid 5290 in cash und the butance b on account. 3. Obtained estimstes on the cost of photography equigment from thee different manifacturen. ondit entries)