May, 2020 Prepare the following journal entries in proper journal entry form.

1. Billed a customer for a $2,400 job.

2. Received $4,800 to start an eight-month job, beginning next month.

3. Started a company by contributing equipment worth $5,400, land worth $180,000 and cash of $30,000 into a business checking account.

4. Bought supplies on credit for $1,700.

5. Received $800 for a job he just completed

6. Paid $600 for van repairs.

7. Purchased supplies for $700 in cash.

8. Agreed to do a job for a customer for $700.

9. Received an invoice for a gas bill, $250..

10. Withdrew $4,600 and deposited it into a personal checking account.

11. Purchased another van for $15,000 cash; and a computer for $2,000 on account.

12. Contributed $3,000 of personal funds to the companys cash account.

13. Purchased land worth $18,000,000. Paid $2,700,000 in cash and signed a note payable for the remainder.

14. Paid $9,600 for 3 months rent.

15. Completed a job and billed the client $700.

16. Paid $500 regarding transaction in number 4, above.

17. Paid his assistant $500 for this weeks salary.

18. Paid his assistant for a months work.

19. Paid cash to creditors on account, $100.

20. The first month of the job in number 2 above has passed.

21. One month has passed since transaction number 14 above.

22. Customer paid $5,000 on a $9,000 job just completed.

23. Received payment for the job in number 1, above.

24. Received $13,000 from a customer for a job previously completed.

25. Depreciation on the building for the month was $100,000

ACCOUNTS ASSETS LIABILITIES Equin REVENUE EXPENSE Services ingrance Accounts Payable Repairs Deprecation Cash Notes Payable Travel Utilities Supplies Prepaid Insurance Buitings Capital Ured Revenue Fees ACCOUNTS Receivable Dr Furniture and Equipment Wages