Question: For each transaction record the transaction in journal entry form. Company A has the following chart of accounts: (account numbers in parentheses)Assume Company A began

For each transaction record the transaction in journal entry form.

Company A has the following chart of accounts: (account numbers in parentheses)Assume Company A began operations on January 1 and completed the following transactions during its first month of operations. Cash (101); Accounts Receivable (106); Equipment (167); Accounts Payable (201); Common Stock (307); Dividends (319); Consulting Service Revenue (403); and Wages Expense (601)

Jan 5th Company A purchased $2,000 of equipment on credit

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