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please prepare a journal entires for a sole proprietorship E3-1 (L02) (Transaction...

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Accounting

please prepare a journal entires for a sole proprietorship image
E3-1 (L02) (Transaction Analysis-Service Company) Beverly Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April 2 Invested $32,000 cash and equipment valued at $14,000 in the business. 2. Hired an administrative assistant at a salary of $290 per week payable monthly. 3 Purchased supplies on account \$700. (Debit an asset account.) 7. Paid office rent of $600 for the month. 11 Completed a tax assignment and billed client $1,100 for services rendered. (Use Service Revenue account.) 12. Received $3,200 advance on a management consulting engagement. 17. Received cash of $2,390 for services completed for Ferengi CO. 21 Paid insurance expense $110. 30 Paid administrative assistant $1,160 for the month. 30 A count of supplies indicated that $120 of supplies had been used. 30 Purchased a new computer for $6,100 with personal funds. (The computer will be used exclusively for business purposes.)

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