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Journalize the following business transactions in general journal form. (Credit account titles are automatically indented is entered. Do not indent manually. List all debit entries
Journalize the following business transactions in general journal form. (Credit account titles are automatically indented is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the a enter 0 for the amounts.) 1. Received $21,500 cash as investment from Clay Jones, the company's owner. 2. Purchased equipment for $34,400, paying $12,900 in cash and giving a note payable for the remainder. 3. Paid $2,580 for a one-year insurance policy. 4. Billed customers for $19,350 of services provided on account. 5. Paid monthly rent of $1,290. 6. Performed $5,590 of services and immediately received $5,590 cash. 7. Collected $1,720 from customers on account. 8. Hiredasecretary. 9. Paid the secretary his first week's salary of $602
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