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Journalize the January transactions! Software Advisors Limited was organized on January 1, 2015. The company had the following transactions in the month of January January

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Software Advisors Limited was organized on January 1, 2015. The company had the following transactions in the month of January January 2 Issued 890 common shares for $14 each. 3 Borrowed $44,500 from the bank on a long-term loan, 4 Finalized the lease for office space and paid the first month's rent of $2,670. 5 Purchased $35,600 of equipment for $17,800 cash and $17,800 on account. 10 Paid for an advertisement in a local paper, $450 11 Purchased supplies on account, $890. 13 Paid for several advertising spots on the local radio station, $2,670. 15 Paid employees $6,680 for the first two weeks of work and recorded the billings to clients for the first two weeks of lanuary. Billings totalled $13,350. These amounts are due by the 10th of the next month. 20 Paid $890 for the current month's office expenses 24 Received $8,900 from cients in partial settlement of accounts billed on the 17th Paid annual insurance policy with coverage up to February 1, 2016, for $5,340. 30 Summarized and recorded the bilings to cdients for the last two wecks of luaryingst 31 Paid employees $6,680 for the last two weeks of work 31 Made a payment to the bank of $270 for interest on the bank loan and $620 to pay on the amount owing for the bank loan 31 Paid Canada Revenue Agency $1,070 for an income tax instalment. totalled $16,020. These amounts are due by the 25th of the next month

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