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please answer asap Journalize the following business transactions in general journal form. (Credit account titles are outomatically indented when the am is entered. Do not
please answer asap
Journalize the following business transactions in general journal form. (Credit account titles are outomatically indented when the am is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles. enter 0 for the amounts.) 1. Irma King invests $57,600 cash to start a law firm, Legal King, operating as a proprietorship. 2. Paid $3,456 cash for the first three months' rent. 3. Purchased equipment for $32,000, paying $10,880 in cash and signed a 30-day, 5% note payable for $21,120. 4. Paid $840 cash for the purchase of supplies. 5. Received a bill for $896 for advertising for the current month. 6. Billed $12,800 to clients for legal services. 7. Paid $896 cash on account for the advertising in transaction 5 . 8. Paid $5,760 cash for salaries. 9. Irma withdrew $7,936 cash. 10. Received a cheque for $6,400 from a client in payment on account for services billed in transaction 6. Attempts: 0 of 1 used Step by Step Solution
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