Transaction Entries Final Clean, a firm providing house-cleaning services, began business on April 1. The following accounts in its general ledger are needed to record the transactions for April: Cash: Accounts Receivable; Supplies; Prepaid Van Lease; Equipment Accounts Payable; Notes Payable Common Stock Retained Earnings, Dividends; Cleaning Fees Earned; Wage Expense; Advertising Expense; and Fuel Expense. 1 Randy Smith invested $14.000 cash to begin the business he received common stock for his imvestment. April 2 Paid six months' lease on a van, $2850 3 Borrowed S10,000 from a bank and signed a note payable agreeing to repay the $10.000 in one year plus 10 percent interest 3 Purchased $5.500 of cleaning equioment; paid $2,000 down with the remainder due within 30 days 4 Purchased cleaning supplies for $4300 cash 7 Paid S350 for newspaper advertisements to run during April. 21 Biled customers for services, 3500 23 Paid $1,500 on account to cleaning equipment firm (see April 3 trarsaction) 28 Collected $2,300 from customers en account 29 Randy Smith received a $1.000 cash dividend 30 Paid wages for April $1.750. 30 Paid service station for gasoline used during April, $350. Journal Entries Accounting Equation a. Using the accounting equation, record each of the transactions in columnar format. Use negative signs with your answers below, when appropriate. Retained larnings Common Stock Prepaid Van Lease Equipment- Accounts Payable. Notes Payable + Accounts Receivable . Supplies Cash %21 April 21 23 28 29 30 30 Please answer all parts of the question. Credit Debit Description ate OS ril Owner purchased common stock for cash. Paid six months' lease on van. Borrowed money from bank for one year, interest rate of 10%. 3. Cash Purchased equipment, made down payment with balance due in 30 days. Purchased supplies for cash. Paid for April advertising. 21 Billed customers for services. %3 23 Payment on account. 28 Collections from customer on account. Shareholders are paid a cash dividend. 30 Paid wages for April. 30 oarch 29