need journal entries

3 We start......... Accounting Equation: balance sheet Proves Assets Liabilities Owners' Equity Recording financial transaction = + corner It is January 1, 2020 and we are going to start a corporation to sell hot dogs in a cart on the Court and Union. We form a corporation, Hot Dogs, Inc. and you and everyone in the class invests $100 and we each get one share of stock for that $100. Assume there are 90 of us. We elect a Board of Directors, a Coo and start to do business. In January we borrow $10.000 from the bank. Next we buy a new cart from which to sell the dogs for $12.000. Next we buy 1.000 dogs and 1.000 bups, Dogs cost.15 and buns are .05 each. For our first month, we sell 900 dogs for $2 each. We pay our worker $600 and our other. expenses are $300. How did we do for January? Are we rich yet? Was it a good investment? O Identify all transactions that need recorded