Analyze each of the preceding source documents and prepare journal entries using this information only. Note that some source documents may not require an entry. Also, all bills are recorded in the journal on the day they are received. Enter an appropriate description when entering the transactions in the journal.

Invoice 3983 Frank's Equipment Date: May 4, 2023 14064 Sesame Place Victoria, British Columbia Invoice No.: 3983 L8H 9Q4 Customer: Elite Consulting Inc. Rep: Kevin Smith 150 71 Avenue Victoria, British Columbia PO No.: 5355 W5B 9E2 Qty Description Unit Total Price 1 Equipment as ordered on May 2, 2023. $13,200 $13,200 Estimated useful life : 10 years. Estimated residual value : $2,400. Sub- Total $13,200 Freight: 0 Total: | $13,200