Prepare Journal Entries to record the transactions

Omer Moore Concrete Limited completed the following transactions during the month of August: Aug. Purchased equipment for $21,600, paying cash of $2,400 and signing a note payable for the remainder. 1 4 Omer Moore (owner) purchased a new snowmobile for personal use, which he funded with excess cash held by the company, $11,520. 4 Completed finishing work for $1,632 on account. 5 Purchased supplies for $1,056 on account. 10 Received payment of $768 in advance for work to be performed next month. 15 Paid annual insurance premiums of $3,360, which provides coverage for one year. 17 Received payment in full from the work completed on August 4. 21 Paid for items purchased on August 5. 23 Omer Moore invested additional cash of $9,600 into the business. 25 Paid cash of $384 for minor repairs to the company vehicle. 31 Paid the August utility bills for a total of $240