k Prepare compound journal entries for each transaction. a. The owner, J. Cruz, invests $11,500 cash and $8,500 of equipment in the company. b. The company acquires $7,000 of supplies by paying $1,500 cash and putting $5,500 on credit (accounts payable). View transaction list Journal entry worksheet nces < 1 2 The owner, J. Cruz, invests $11,500 cash and $8,500 of equipment in the company. Note: Enter debits before credits. Transaction General Journal Debit Credit Prev 6 of 15 Next