Make journal entries for each of the transactions listed below for the month of January 2018 for Alpha Accounting Services. Identify each transaction by the date.

1. On January 01, Mary Smith invested $40,000 in cash to start an accounting office.

2. On January 02, purchased office furniture for $10,000, paid $3,000 in cash and the remainder on account.

3. On January 03, purchased office equipment on credit for $8,000

4. On January 03, purchased a 12-month (1 year) insurance policy for $2,400.

5. On January 03, purchased $900 of office supplies on credit.

6. On January 07 paid $7,000 for the first weeks salary.

7. On January 10, billed a client $2,000 for accounting services completed.

8. On January 12, received a check for $1,500 from a customer in payment for accounting services billed on January 10.

9. On January 14, paid $4,000 for office salaries and wages.

10. On January 15, paid for the office supplies purchased on January 3.

11. On January 15, Mary withdrew $6,500 in cash from the business for living expenses.

12. On January 25, provided accounting service to a customer for $4,000, receiving $1,500 in cash and issued a bill for $2,500.

13. On January 31, paid rent for the month (of January) $2,500.

14. On January 31, purchased equipment for $8,000, paying $3,000 in cash and $5,000 on credit.

15. Record January 2018 portion of insurance which was paid on January 01.