GL0202 (No Analysis Tab) - Based on Exercise 2-9 LO A1

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.

Jan.		1		Carlos Sanchez, owner, invested $151,750 cash in the company.
Jan.		2		The company purchased office supplies for $2,950 cash.
Jan.		3		The company purchased $12,050 of office equipment on credit.
Jan.		4		The company received $18,900 cash as fees for services provided to a customer.
Jan.		5		The company paid $12,050 cash to settle the payable for the office equipment purchased on January 3.
Jan.		6		The company billed a customer $4,400 as fees for services provided.
Jan.		7		The company paid $2,925 cash for the monthly rent.
Jan.		8		The company collected $2,400 cash as partial payment for the account receivable created on January 6.
Jan.		9		Carlos Sanchez withdrew $12,300 cash from the company for personal use.