Galle Inc. entered into the following transactions during January: a. January 1: Borrowed $50,000 from First...

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Galle Inc. entered into the following transactions during January: a. January 1: Borrowed $50,000 from First Street Bank by signing a note payable. b. January 4: Purchased $25,000 of equipment for cash. c. January 6: Paid $500 to landlord for rent for January. d. January 15: Performed services for customers on account, $10,000. e. January 25: Collected $3,000 from customers for services performed in transaction d. f. January 30: Paid salaries of $2,500 for the current month. Required: Prepare journal entries for the transactions. Jan. 1 4 6 15 25 (Record issuance of note payable) (Record purchase of equipment) (Record payment of rent) (Record performance of services) Zd collection All work saved. Galle Inc. entered into the following transactions during January: a. January 1: Borrowed $50,000 from First Street Bank by signing a note payable. b. January 4: Purchased $25,000 of equipment for cash. c. January 6: Paid $500 to landlord for rent for January. d. January 15: Performed services for customers on account, $10,000. e. January 25: Collected $3,000 from customers for services performed in transaction d. f. January 30: Paid salaries of $2,500 for the current month. Required: Prepare journal entries for the transactions. Jan. 1 4 6 15 25 (Record issuance of note payable) (Record purchase of equipment) (Record payment of rent) (Record performance of services) Zd collection All work saved.