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Provide an example of each title here and then record the journal entries. Following the first given answer. 1-Providing consulting services receiving cash. Given answer:

Provide an example of each title here and then record the journal entries. Following the first given answer.

1-Providing consulting services receiving cash.

Given answer:

ABC company provides consulting services and receives 1,000 cash.

Journal entry:

Dr. Cash. 1,000

Cr. Consulting Revenue. 1,000

2-Investment by an owner.

3-Purchasing equipment for cash.

4-Purchasing supplies on credit.

5-Borrowing money from a bank.

6-Paying investors their shares of dividends.

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