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 $21,000$ of QCI stock for cash

b$.$Incurred $840$ of utilities costs this month and will pay them next month

c$.$Incurred and paid wages for the current month totalling $2,600$

d$.$ Performed cleaning services on account worth $3,800$

d$.$Performed cleaning services on account worth $3,800$

e$.$Some of quick Cleaners equipment was repaired at a total cost of $300.$The company paid the full amount at the time the repair work was done

Prepare journal entries for the above transactions which occured during a recent month

Determine QCI,s preliminary net income