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Pearl Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. If no entry is required select

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Pearl Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. If no entry is required select "No entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) Invested $13,140 cash and $2,560 of equipment in the business 7 Purchased supplies on account for $490. (Debit asset account) 12 Performed services for clients, for which $1,378 was collected in cash and $686 was billed to the clients. 15 Paid August rent $592. 19 Counted supplies and determined that only $281 of the supplies purchased on August 7 are still on hand. Credit Debit Account Titles and Explanation Date

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