Prepare journal entries for each transaction and ensure that the accounting equation is still in balance.

1) Sign contract for first website design for 10,000

Assets= Liabilities + Stockholders' equity

2) Company pays off $300 accounts payable

Assets= Liabilities + Stockholders' equity

3) Company pays for and receives $600 worth of supplies

Assets= Liabilities + Stockholders' equity

4) Company acquires and receives $1,000 worth of equipment

Assets= Liabilities + Stockholders' equity

5) Order a $900 computer, to be delivered in 90 days

Assets= Liabilities + Stockholders' equity