Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. January 1 S. Lewis, owner, invested $115,750 cash in the company in exchange for common stock. January 2 The company purchased supplies for $1,750 cash. January 3 The company purchased $12,050 of equipsent on credit. January 4 The company received $16,500 cash for services provided to a customer. January 5 The company paid $12,050 cash to settle the payable for the equipment purchased on January 3. January 6 The company billed a customer $3,200 for services provided. January 7 The company paid $1,725 cash for the monthly rent. Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Lewis Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". Journal entry worksheet 5 8 January 2 - The company purchased supplies for $1,750 cash. Note: Enter debits before credits. Journal entry worksheet January 3 - The company purchased $12,050 of equipment on credit. Note: Enter debits before credits. Journal entry worksheet 89 January 4 - The company received $16,500 cash for services provided to a customer. Note: Enter debits before credits. Journal entry worksheet January 5 - The company paid $12,050 cash to settle the payable for the equipment purchased on January 3. Note: Enter debits before credits. Journal entry worksheet 789 January 6 - The company billed a customer $3,200 for services provided. Note: Enter debits before credits. Journal entry worksheet 1 January 7 - The company paid $1,725 cash for the monthly rent. Note: Enter debits before credits. Journal entry worksheet