Hi can you please explain how to answer this as well?

Below are several transactions for Harington Corporation. A junior accountant, recently employed by the company, proposes to record the following transactions. Credit Debit 9,000 9,000 2,800 2,800 External Transaction Accounts 1. Owners invest $9,000 in the company and receive common stock. Common Stock Cash 2. Receive cash of $2,800 for services provided in the current period. Cash Service Revenue 3. Purchase office supplies on account, $180. Supplies Cash 4. Pay $480 for next month's rent. Rent Expense Cash 5. Purchase office equipment with cash of $1,600. Cash Equipment 180 180 480 480 1,600 1,600 Required: 1. Assess whether the proposed entries are correct or incorrect. 2. Provide a correct entry for each of the transactions classified as incorrect. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assess whether the proposed entries are correct or incorrect. External Transaction 1. 2. 3. 4. 5. Required 1 Required 2 > Required 1 Required 2 Provide a correct entry for each of the transactions classified as incorrect. (If no entry is required to correct a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Receive cash of $2,800 for services provided in the current period. Note: Enter debits before credits. General Journal Debit Credit Transaction 2 Record entry Clear entry View general Journal Required 1 Required 2 Provide a correct entry for each of the transactions classified as incorrect. (If no entry is required to correct a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Pay $480 for next month's rent. Note: Enter debits before credits. Transaction General Journal Debit Credit 4 Record entry Clear entry View general journal Required 1 Required 2 Provide a correct entry for each of the transactions classified as incorrect. (If no entry is required to correct a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet