template. Use mathematical formulas with cell references to the Problem or work area as indicated. Journalize the transactions for Riko Ltd. 1. Issued common shares to shareholders in exchange for cash. $5,000 Debit Credit 2. Paid rent in advance for two months. 2,100 3. Paid administrative assistant salary. 500 '4. Billed clients for services provided. 1,200 F J L M G H 1 4. Billed clients for services provided. K 1,200 5. Received partial payment from clients for services provided in item 4 above. 900 6. Purchased supplies on account. 500 '7. Paid supplier amount owing on account. 500 8. Borrowed cash from the bank to purchase equipment. 1,000