Pro Engineering. Inc. had the following transactions during the first month of business as a proprietorship. Journalize the transactions.

$($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for

the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the problem.$)$

Mar. $1$ Invested $$25,000$ cash for shares.

$3$ Purchased $$7,200$ of equipment for the business with cash.

$6$ Purchased supplies on account for $$800($Debit asset account$).$

$15$ Paid March rent of $$2,000.$

$28$

Performed engineering services for clients, for which $$1,600$ was collected in cash and $$5,800$ was billed to the

clients.

Date

Account Titles and Explanation

Debit

Credit