Leonard Matson completed these transactions during December of the current year: Prepare general journal entries to record these transactions.

Dec 1 Began a financial services practice by investing $15,000 cash and office equipment having a S5,000 value Purchased $1,200 of office equipment on credit. Purchased $300 of office supplies on credit Completed work for a client and immediately receiveda Payment of S900 cash Completed work for Acme Loan Co. on credit, S1,700 Paid for the supplies purchased on credit on December 3 Paid for the annual $960 premium on an insurance policy Received payment in full from Acme Loan Co. for the work Completed on December 8 Leonard withdrew $650 cash from the practice to pay personal expenses Paid $175 cash for the December utility bills Received $2,000 from a client for financial services to be rendered next year 2 3 4 8 10 14 18 27 30 30 Prepare general journal entries to record these transactions