Question 1 -- Prepare the General Journals: GENERAL JOURNALS: 1] Company received cash $3,000 for providing services. 2] Owner invested additional $10,000 to company 3) Company purchased supplies $500 on account 4] Company received cash $15,000 in advance for future project. 5] Company received the bill from advertising company $800 and will pay later. 6) Company pay rental expenses $5,000, utilities expenses $500, salaries expenses $3,000, insurance $500 7) Company sold 100 units with total amount $1,000. Customer will pay next month 8] Company borrow money $3,000, interest rate 4% for business purpose 9] Owner withdraw $1,500 for personal use. 10] Company purchased machinery $ 8,000