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Use the following information to answer the below questions. The owner of Nano Company, just opened his business in January. During the month of January

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Use the following information to answer the below questions. The owner of Nano Company, just opened his business in January. During the month of January 2021, the following events occurred: January 1 Invested $50,000 cash to start the business. January 2 Received $5,500 in advance for services to be completed by the end of March. January 15 Performed services totalling $9,200 on account. January 20 Tired 2 employees to be paid $600 per week cach, starting next month January 25 Paid $2,500 rent of the current month Journalize the following business transactions for Nano Company in general journal form. On January 15, 2021, we have to prepare the following entry: * O Debit Service Revenue for $9,200 and credit Accounts Receivable for $9,200 O Debit Service Revenue for $9,200 and credit Cash for $9,200 Debit Accounts Receivable for $9,200 and credit Unearned Revenue $9,200 None of the above On January 20, 2021, we have to prepare the following entry: Debit Salaries Expense for $1,200 and credit Cash for $1,200 O Debit Salaries Expense for $600 and credit Cash for $600 O No entry O None of the above The cash balance at the end of the month is equal to : Debit $53000 Credit $50.000 Debit $57,500 None of the above

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