journal entries

MAL ENTRIES (WICHODE APIUNULUI) A. Xiaodan invested $75,000 to start his own business. DR CR B. Xiaodan performed $5,500 of services on account. DR CR C. Xiaodan purchased equipment for $1.700 by paying $200 at the time and agreeing to pay the balance in 10 days. DR CR D. Xiaodan collected $2,250 on account for services performed last month. DR CR E. Xiaodan received but did not pay the monthly telephone bill, $475. DR CR F. Xiaodan received an advance payment of $3,500 for services to be performed next month. DR CR G. Xiaodan paid the balance due for the equipment purchased in transaction "C". DR CR H. Xiaodan paid 3 years' rent in advance, $3,600. DR