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Prepare journal entries. account and trial balance of the following transactions 1/1. TOM INVESTED $12000.00 IN HIS BUSINESS. 1/2 PAID RENT $1600.00 1/3. COLLECTED DELIVERY

Prepare journal entries. account and trial balance of the following transactions 1/1. TOM INVESTED $12000.00 IN HIS BUSINESS. 1/2 PAID RENT $1600.00 1/3. COLLECTED DELIVERY FEES S6000.00 1/4. PURCHASED FURNITURE FOR CASH S950.00 1/5. PAID SALARY S1200.00 1/6. Purchased equipment ON CREDIT $3100.00 (FROM IBM) 10 Jan rendered service an account 1/30 COLLECTED S2500.00 FROM ABC INC FOR THE SERVICE DATED 1/10 140

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