Quick Cleaners, Incorporated (QCI), has been in business for several years. It specializes in cleaning houses but has some small business clients as well a. Issued $31.000 of QC stock for cash b. Incurred $610 of utilities costs this month and will pay them next month. c Incurred and paid wages for the current month, totaling $3.200. d. Performed cleaning services on account worth $4.400 e Some of Quick Cleaners's equipment was repaired at a total cost of $264 The company paid the full amount at the time the repair work was done Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month. 2. Determine QCI's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries for the above transactions, which occurred during a recent month. (if no entry is required for a transactiontevent, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Issued $31,000 of QCI stock for cash. Record the transaction. Note: Enter debits before credits. Transaction General Joumal Debit Credit Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries for the above transactions, which occurred during a recent month. (If no entry is required fo select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 > Incurred $610 of utilities costs this month and will pay them next month. Record the transaction. Note: Enter debits before credits Transaction General Journal Debit Credit b Record entry Clear entry View general journal Journal entry worksheet Some of Quick Cleaners' equipment was repaired at a total cost of $264. The company paid the full amount at the time the repair work was done. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit e Record entry Clear entry View general journal Quick Cleaners, Incorporated (QCI), has been in business for several years. It specializes in cleaning houses but has some small business clients as well a Issued $31,000 of QCI stock for cash. b. Incurred $610 of utilities costs this month and will pay them next month cincurred and paid wages for the current month, totaling $3,200 d. Performed cleaning services on account worth $4.400. e Some of Quick Cleaners's equipment was repaired at a total cost of $264. The company paid the full amount at the time the repair work was done Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month 2. Determine QCi's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine QCt's preliminary net income. Proliminary Net Income
