Tyler Shutz opened an accounting firm on January 1, 2018. During the month of January, the business completed the following transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Record transactions in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Jan 1: The business sold $95,000 of common stock to open the firm, Shutz & Associates, Inc. Date Jan Journal Entry Accounts Debit Credit Jan 3: Purchased supplies, $1,000, and furniture, $3,300, on account. Make a compound entry. Date Jan Journal Entry Accounts Debit Credit Jan 5: Performed accounting service for a client and received cash, $2,200. Date Jan Journal Entry Accounts Jan 8: Paid cash to acquire land for a future office site, $16,000. Date Jan Journal Entry Accounts Jan 11: Prepared tax returns for a client on account, $1,100. Jan Date Jan 14: Paid assistant's salary, $1,300. Date Jan Jan 16: Paid $1,160 on account. Jan Date Debit Credit Debit Credit Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit Jan 19: Received $600 cash for accounting services performed. Date Jan Journal Entry Accounts Jan 23: Billed a client for $2,800 of accounting services. Date Jan Debit Credit Journal Entry Accounts Debit Credit Jan 28: Received $900 from client on account. Date Jan Jan 31: Paid assistant's salary, $1,300. Date Jan Jan 31: Paid rent expense, $1,200. Date Jan Jan 31: Paid $1,800 of dividends. Jan Date Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit More info Jan 1 The business sold $95,000 of common stock to open the firm, Shutz & Associates, Inc. 3 Purchased supplies, $1,000, and furniture, $3,300, on account. 5 Performed accounting service for a client and received cash, $2,200. 8 Paid cash to acquire land for a future office site, $16,000. 11 Prepared tax returns for a client on account, $1,100. 14 Paid assistant's salary, $1,300. 16 Paid $1,160 on account. 19 Received $600 cash for accounting services performed. 23 Billed a client for $2,800 of accounting services. 28 Received $900 from client on account. 31 Paid assistant's salary, $1,300. 31 Paid rent expense, $1,200. 31 Paid $1,800 of dividends.