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Problem #2. (45 points) Prepare the necessary DAILY TRANSACTION entries for the month of January:...

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Problem #2. (45 points) Prepare the necessary DAILY TRANSACTION entries for the month of January: Jan. 2 Owner, Joe Jones, invested $69,000 cash to the business, 3 Purchased a building, $90,000, and land, $40,000. The business paid $40,000 cash and signed a note payable to the bank for the remaining amount. 4 Purchased office supplies, $600, and furniture, $5,000, on account. 5 Performed legal services for a client and received $2,000 cash. 9 Received cash for preparing legal documents for a client $1,000. 16 Paid assistant's semimonthly salary $1,200 16 Paid for office supplies purchased on January 4 on account 20 Prepared papers for a client for real estate sale billing client $3,000 21 Received payment from a client for legal court services $800, 25 Received a bill for utilities. $400. The bill will be paid next month 29 Received cash on account $800 for services rendered January 20 30 Paid $2,400 cash for a 12-month insurance policy starting next month 30 Paid assistant's semimonthly salary $1,200. 30 Paid monthly rent expense $2,000. 31 J. Jones, owner, withdrew cash of $3,400, Date Description Debit Credit G

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