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 $1$ A$.$ Strods, owner, invested $$184,750$ cash in the company in exchange for common stock.

January $2$ The company purchased supplies for $$4,050$ cash.

January $3$ The company purchased $$10,050$ of equipment on credit.

January $4$ The company received $$21,100$ cash for services provided to a customer.

January $5$ The company paid $$10,050$ cash to settle the payable for the equipment purchased on January $3.$

January $6$ The company billed a customer $$5,500$ for services provided.

January $7$ The company paid $$4,025$ cash for the monthly rent.

January $8$ The company collected $$3,225$ cash as partial payment for the account receivable created on January $6.$

January $9$ The company paid $$14,500$ cash in dividends to the owner $($sole shareholder$).$

Journal entry worksheet

$1$

$2$

$3$

General

Trial Balance

Income

St Retained Statement Earnings

Balance Sheet

Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transacti Strods Company, entering the debits before the credits. Each transaction will automatically be posted to the General Le the Trial Balance as soon as you click "Record Entry".

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$Account Title,Debit,Credit$],[$January $01,,,],[,,,],[,,,]]$