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(Journal Entries) credit/debit Record journal entries E2.9 (LO 2) On April 1. Adventures Travel Agency began operations. The following transactions were completed during the month

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Record journal entries E2.9 (LO 2) On April 1. Adventures Travel Agency began operations. The following transactions were completed during the month 1. Owner invested $24.000 in the business. 2. Obtained a bank loan for $7.000 by issuing a note payable. 3. Paid $11,000 cash to buy equipment. 4. Paid $1,200 cash for April office rent. 5. Paid S1,450 for supplies. 6. Purchased $600 of advertising in the Daily Herald, on account. 7. Performed services for $18.000: cash of $2,000 was received from customers, and the balance of $16,000 was billed to customers on account 8. Cash withdrawal of $400 by owner for personal use. 9. Paid the utility bill for the month. $2.000, 10. Paid Daily Herald the amount due in transaction (6). 11. Paid $40 of interest on the bank loan obtained in transaction (2) 12. Paid employees' salaries and wages, S6,400. 13. Received S12,000 cash from customers billed in transaction (7), Instructions Joumalize the transactions. (Omit explanations)

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