Journalize the following selected transactions for January. Journal entry explanations may be omitted. Jan. 1 Received cash from the investment made by the owner, $14,000. 2 Received cash for providing accounting services, $9,500. 3 Billed customers on account for providing services, $4,200. 4 Paid advertising expense, $700. 5 Received cash from customers on account, $2,500. 6 Owner withdrew $1,010. 7 Received telephone bill, $900. 8 Paid telephone bill, $900