Prepare compound journal entries for each transaction. a. The owner, J. Cruz, invests $6,500 cash and $3,500 of equipment in the company. b. The company acquires $2,000 of supplies by paying $500 cash and putting $1,500 on credit (accounts payable). Journal entry worksheet The owner, J. Cruz, invests $6,500 cash and $3,500 of equipment in the company. Note: Enter debits before credits. Journal entry worksheet The company acquires $2,000 of supplies by paying $500 cash and putting $1,500 on credit (accounts payable). Note: Enter debits before credits