Prepare the following Journal Entries a. Owner invested $86,000 cash along with office equipment valued at $24,000 in a business in exchange for common stock. b. The company purchased land valued at $35,000 and a building valued at $155,000. The purchase is paid with $25,000 cash and a note payable for $165,000. c. The company purchased $1,700 of office supplies on credit. d. Owner invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,900. e. The company purchased $5,200 of additional office equipment on credit. f. The company paid $1,700 cash salary to an assistant. g. The company provided services to a client and collected $7,200 cash. h. The company paid $645 cash for this month's utilities. i. The company paid $1,700 cash to settle the account payable created in transaction c. j. The company purchased $20,000 of new office equipment by paying $20,000 cash. k. The company completed $6,750 of services on credit for a client, who must pay within 30 days. 1. The company paid $1,700 cash salary to an assistant. m. The company received $3,000 cash in partial payment on the receivable created in transaction k. n. The company paid a $2,900 cash dividend. A Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilities Expense (602). Complete this question by entering your answers in the tabs below.

Prepare the following Journal Entries a. Owner invested $86,000 cash along with office equipment valued at $24,000 in a business in exchange for common stock. b. The company purchased land valued at $35,000 and a building valued at $155,000. The purchase is paid with $25,000 cash and a note payable for $165,000. c. The company purchased $1,700 of office supplies on credit. d. Owner invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,900. e. The company purchased $5,200 of additional office equipment on credit. f. The company paid $1,700 cash salary to an assistant. g. The company provided services to a client and collected $7,200 cash. h. The company paid $645 cash for this month's utilities. i. The company paid $1,700 cash to settle the account payable created in transaction c. j. The company purchased $20,000 of new office equipment by paying $20,000 cash. k. The company completed $6,750 of services on credit for a client, who must pay within 30 days. 1. The company paid $1,700 cash salary to an assistant. m. The company received $3,000 cash in partial payment on the receivable created in transaction k. n. The company paid a $2,900 cash dividend Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250): Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilities Expense (602). Complete this question by entering your answers in the tabs below. Prepare the following Journal Entries a. Owner invested $86,000 cash along with office equipment valued at $24,000 in a business in exchange for common stock. b. The company purchased land valued at $35,000 and a building valued at $155,000. The purchase is paid with $25,000 cash and a note payable for $165,000. c. The company purchased $1,700 of office supplies on credit. d. Owner invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,900. e. The company purchased $5,200 of additional office equipment on credit. f. The company paid $1,700 cash salary to an assistant. 9. The company provided services to a client and collected $7,200 cash. h. The company paid $645 cash for this month's utilities. i. The company paid $1,700 cash to settle the account payable created in transaction c. j. The company purchased $20,000 of new office equipment by paying $20,000 cash. k. The company completed $6,750 of services on credit for a client, who must pay within 30 days. I. The company paid $1,700 cash salary to an assistont. m. The company received $3,000 cash in partial payment on the receivable created in transaction k. n. The company paid a $2,900 cash dividend. Required: 1. Prepare general journal entries to record these transactions using the following tites: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilities Expense (602). Complete this question by entering your answers in the tabs below. 1 Venedict invested $86,000 cash along with office equipment valued at $24,000 in a new business named HV Consulting in exchange for common stock. 2 The company purchased land valued at $35,000 and a building valued at $155,000. The purchase is paid with $25,000 cash and a note payable for $65,000. 3 The company purchased $1,700 of office supplies on credit. 4 Venedict invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,900. 5 The company purchased $5,200 of additional office equipment on credit. 6 The company paid $1,700 cash salary to an assistant. 7 The company provided services to a client and collected $7,200 cash. 8 The company paid $645 cash for this month's utilities. 9 The company paid $1,700 cash to settle the account payable created in transaction c. 10 The company purchased $20,000 of new office equipment by paying $20,000 cash