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Danm Chon started a new business, Chon Auto Repairs, and completed the following transactions during:...

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Accounting

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Danm Chon started a new business, Chon Auto Repairs, and completed the following transactions during: March 2023, Aequiredt Prepare journal entries for the following transactions. (Oo not provide explanations). March 1 Oanny contributed 548,000 cash in exchange for capital. March 5 Performed auto repairs for cash, $4,500 March 8 Paid March rent, $6,000. March 9 Purchased supplies ($500) and equipment ($6,500) on account. (Make a compound entry.) March 15 Paid secretary two weels wages, $1,400. March 18 Performed auto repairs on account, $5,000. March 20 Paid $2,000 on account for equipment purchased on March 9. March 22 Collected $2,000 on account. March 29 Recelved the March utility bill, $700. The bill will be paid in April. ch 31 Danny withdrew $2,000 for personal expenses

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