1. Performed $23,000 of services on account.
2. Collected $15,200 cash on accounts receivable.
3. Paid $5,100 cash in advance for an insurance policy.
4. Paid $660 on accounts payable.
5. Recorded the adjusting entry to recognize $3,600 of insurance expense.
6. Received $10,100 cash for services to be performed at a later date.
7. Purchased land for $880 cash.
8. Purchased supplies for $1,100 cash.

Required Record each of the above transactions in general journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example.

Transaction	Account Titles	Debit	Credit
a	Accounts receivable	23,000
	Service revenue		23,000