Question: GL0202 (Algo) - (No Analysis Tab) - Based on Exercise 2-13 Prepare journal entries for each transaction and identify the financial statement impact of each

GL0202 (Algo) - (No Analysis Tab) - Based on Exercise 2-13 Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. January 1 M. Gonzalez, owner, invested $112,750 cash in the company in exchange for common stock. January 2 The company purchased supplies for $1,650 cash. January 3 The company purchased $10,050 of equipment on credit. January 4 The company received $16,300 cash for services provided to a customer. January 5 The company paid $10,050 cash to settle the payable for the equipment purchased on January 3. January 6 The company billed a customer $3,100 for services provided. January 7 The company paid $1,625 cash for the monthly rent. January 8 The company collected $1,425 cash as partial payment for the account receivable created on January 6. January 9 The company paid $10,400 cash in dividends to the owner (sole shareholder)

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