Q1- 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: Aziz company provides consulting service and receives 1,000 cash Cash 1,000 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. Q2- Pick two principles or assumptions of accounting and briefly explain it with an example. Q3- On your own words, explain the purpose and the importance of the following statements: 1- Income Statement 2- balance sheet