The following information is provided for the first month of operations for Legal Services Inc.: A. The business was started by selling $100,000 worth of common stock. B. Six months' rent was paid in advance, $4,500. C. Provided services in the amount of $1,500. The customer will pay at a later date. D. An office worker was hired. The worker will be paid $277 per week. E. Received $500 in payment from the customer in "C". F. Purchased $260 worth of supplies on credit. G. Received the electricity bill. We will pay the $150 in thirty days. H. Paid the worker hired in "D" for one week's work. 1. Received $150 from a customer for services we will provide next week. 3. Dividends in the amount of $1,700 were distributed. Prepare the necessary journal entries to record these transactions. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. A 8. C 38 Previous Next