Required:

Prepare the necessary Journal entries for each of the transactionsattachment to fill :

Selected transactions for Sweet Home, a property management company, in its first month of business, are as follows. Jan. 1Purchased computers for $20,000 on account. (Solved) 2 Issued ordinary shares to investors for $15,000 cash. 3 Purchased equipment for $4,000 cash. 9 Purchased supplies on account for $500. 11 Billed customers $1,800 for services performed. 16 Paid $200 cash for advertising. 20 Received $700 cash from customers billed on January 11. 23 Paid creditor $300 cash on balance owed. 28 Paid dividends of $2,000. For the accounts listed below, indicate if the normal balance of the account is a debit or credit. Normal Balance Debit or Credit Accounts Service revenue Accounts payable Share capital Supplies Account receivable Inventory Insurance expense Dividend Prepare the necessary Journal entries for each of the transactions 140 points) Note: The first transaction is given as an example. GENERAL JOURNAL DATE ACCOUNT TITLES DEBIT EREDIT Jan 1 Equipment 20,000 Accounts Payable 20,000 Jan 2 Jan 3 Jon 9 Jan 11 Jon 16 Jon 20 Jon 23 Jon 28