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Journalize the following transactions for XYZ company. This company has been in business for over...

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Accounting

Journalize the following transactions for XYZ company. This company has been in business for over 10 years

John Smith purchased $10,000 of capital stock from XYZ Company.

Purchased equipment for $6,000 cash.

Purchased supplies on account for $2,000.

Paid salaries to employees of $400.

Billed clients for services rendered, $9,000.

Paid creditors on account, $1,000.

Received cash from cash clients for services rendered, $6,000.

Received $9,000 from clients on account in number 5.

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