There is a Part 1 and 2 with a total of SEVEN questions PLEASE PLEASE answers all and write neatly :) Thanks!

Part 1: Write the journal entry and answer the accounting equation question for each: 1) What is the journal entry a company records for receiving $2,700 cash in advance for services which will be performed and completed next month? Debit Credit Impact to the equation: Assets = Liabilities + Stockholders' equity 2) What is the journal entry a company records when purchasing $4,650 of Supplies with a promise to pay in the future (sometimes called "purchased on account")? DebitCredit Impact to the equation: Assets = Liabilities + Stockholders' equity