Data for Bookit Pty Ltd, a bookkeeping service, are presented in E2.6.

Data in E2.6.

Selected transactions for Bookit Pty Ltd, a bookkeeping service, in its first month of business are as follows:

1. Issued shares to investors for $10 000 in cash.

2. Purchased used photocopier for $3000 on account, for use in business.

3. Purchased supplies on account for $400.

4. Invoiced customers $1800 for services performed.

5. Paid $300 cash for advertising start of business.

6. Received $1500 cash from customers invoiced in transaction (4).

7. Paid creditor $3400 cash on account.

8. Paid rent for month, $600 cash. 

Required

Journalise the transactions. Narrations are required.