The financial statements are automatically generated based on the journal entries recorded. Jan. 1 Spencer Lewis, owner, invested $115,750 cash in the company. Jan. 2 The company purchased office supplies for $1,750 cash. Jan. 3 The company purchased $12,050 of office equipment on credit. Jan. 4 The company received $16,500 cash as fees for services provided to a customer. Jan. 5 The company paid $12,050 cash to settle the payable for the office equipment purchased on January 3. Jan.