Use below information to prepare general journal entries for Belle Co.s 1 through 7 transactions.

1. D. Belle created a new business and invested $6,000 cash, $7,600 of equipment, and $12,000 in web servers in exchange for common stock.
2. The company paid $4,800 cash in advance for prepaid insurance coverage.
3. The company purchased $900 of supplies on account.
4. The company paid $800 cash for selling expenses.
5. The company received $4,500 cash for services provided.
6. The company paid $900 cash toward accounts payable
7. The company paid $3,400 cash for equipment.

2.record the insurance coverage purchased.

Journal entry worksheet A B C D E F G Record the owner investment in exchange for stock Note: Enter debits before credits. General Journal Debit Credit Transaction 1. Record entry Clear entry View general journal Journal entry worksheet Record the insurance coverage purchased. Note: Enter debits before credits. Transaction General Journal Debit Credit 2. Record entry Clear entry View general journal Journal entry worksheet Record the cash paid for selling expenses. Note: Enter debits before credits. Transaction General Journal Debit Credit 4. Record entry Clear entry View general journal Journal entry worksheet Record the cash received from customer for services provided. Note: Enter debits before credits. Transaction General Journal Debit Credit 5. Record entry Clear entry View general journal Journal entry worksheet Record the payment made on payables. Note: Enter debits before credits. Transaction General Journal Debit Credit 6. Record entry Clear entry View general journal Journal entry worksheet Record the cash payment for purchase of equipment. Note: Enter debits before credits. General Journal Debit Credit Transaction 7. Record entry Clear entry View general journal