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P3. (15 points) Prepare the journal entries and T accounts and financial statement for the following 10 items. (15 pts) 1. Issue 1,000 of common

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P3. (15 points) Prepare the journal entries and T accounts and financial statement for the following 10 items. (15 pts) 1. Issue 1,000 of common stock 2. Borrow 50,000 from the bank 3. Buy equipment of 10,000 for cash 4. Provide 2,000 of services to customes and was paid today 5. Provide 5,000 of services to customes and will be paid next month 6. Make a loan payment of 500 on money borrow in item 2 7. Paid employees 3,000 today 8. Paid rent of 850 today 9. Received payment of 500 from customer in item 5 10. Paid Dividends of 100 today

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