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PREPARE JOURNAL ENTRIES (without explanations)- 24 Poles Task I. DR CR A. Mohammed invested $85,000 to start his own business. B. Mohammed performed $10,000 of

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PREPARE JOURNAL ENTRIES (without explanations)- 24 Poles Task I. DR CR A. Mohammed invested $85,000 to start his own business. B. Mohammed performed $10,000 of services on account. CR DR C Mohammed purchased equipment for $1,600 by paying $400 at the time and agreeing to pay the balance in 10 days. CR DR D. Mohammed collected $1.000 on account for services performed last month. DR CR E. Mohammed received but did not pay the monthly telephone bill, $550. DR CR F. Mohammed received an advance payment of $3,500 for services to be performed next month. DR CR G. Mohammed paid the balance due for the equipment purchased in transaction "C". ant DR CR Cohammed paid 3 years' rent in advance, $5,400. DR CR Corona Consulting

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