Problem 2.4 Journal entries Mo Lambert formed a corporation to provide simple concrete construction work. He builds parking lots, driveways, and foundations. Mo provided the following information about transactions from the first month of operations. Evaluate the transactions and make journal entries for them. Use the journal template provided below. Don't forget to indent the credit line in your journal entries. 1 1-2-X3: Mo Lambert invested $10,000 cash in the capital stock of the newly formed corporation. 1-4-X5: Purchased a cement mixer on account for $7,500. 1-12-X5: Received $15,000 from customers for construction services provided. 1-15-X5: Received a bill for $2,000 for liquid concrete that was immediately used on delivery 1-18-XS: Provided $3,200 of services to customers on account. 1-20-X5: Paid his workers $2,300 for wages earned. 1-22-X5: Collected 60% of the amount due for the work provided on 1-18-X5. 1-23-X5: Paid 40% of the amount due on the equipment purchased on 1-4-X5. 1-25-X5: Purchased (and immediately used) a ton of sand for cash worth 5600 1-31-X5: The company paid Mo Lambert a $1.500 dividend. GENERAL JOURNAL Page 1 Accounts Debits Credits 1-2-3 Date 14-15 -|2X3 -|5X3 -18-13 1-20-X3 22 X3 1-23-X3 1-25X5 1-31 15 Problem 2.5 Dehitacredit rutor