Zara Collin organized a new company, Softsocks, Inc. You have been hired to record the transactions occurring in the first two weeks of operations. (16 pt.)

QUESTIONS Chapters 2 and 3 JES Zara Collin organized a new company, Softsocks, Inc. You have been hired to record the transactions occurring in the first two weeks of operations (16 pt.) Required: For each of the following transactions, prepare joumal entries. (a) Sold socks totaling $1,000 on account (2points) (b) Received $3,300 from a customer on account (2points). () Paid S1.200 for a one-year fire insurance policy (2 points) (a) Placed advertisements on Google for a total of $2,000 on account (2 points) (e) Made full payment for the advertisements purchased on account in () (2 points), (Stockholder invests $10,000 into the business in exchange for 10,000 shares of Si par value common stock (8) Sella $200 gift certificate (h) Paid $1,000 wages to employees