Make the following journal entries for Entity A in good form. 1. On January 1, 2024,...

 

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Make the following journal entries for Entity A in good form. 1. On January 1, 2024, Entity A sold common stock for $45,000 to investors. 2. On January 3, Entity A purchased $7,000 of supplies on credit. 3. On January 15, Entity A performed services for Entity C for $4,500 on credit. 4. On January 20, Entity A paid its monthly rent of $1,000. 5. On January 25, Entity B paid for half the supplies it purchased on credit (see Item 2). 6. On January 30, Entity A performed services for cash of $4,200. 7. On January 31, Entity A received a check from Entity C for $4,500 (see Item 3). Make the following journal entries for Entity A in good form. 1. On January 1, 2024, Entity A sold common stock for $45,000 to investors. 2. On January 3, Entity A purchased $7,000 of supplies on credit. 3. On January 15, Entity A performed services for Entity C for $4,500 on credit. 4. On January 20, Entity A paid its monthly rent of $1,000. 5. On January 25, Entity B paid for half the supplies it purchased on credit (see Item 2). 6. On January 30, Entity A performed services for cash of $4,200. 7. On January 31, Entity A received a check from Entity C for $4,500 (see Item 3).

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1 On January 1 2024 Entity A sold common stock for 45000 to investors Journal Entry Date January 1 2... View the full answer