Question: Using the space provided below, 1 ) record each transaction in proper journal entry format ( i . e . , debits and credits )

Using the space provided below, 1) record each transaction in proper journal entry format (i.e., debits and credits) using accrual accounting and 2) show how each journal entry stays in balance by performing transaction analysis (i.e., prove that A = L + E). A written explanation for each journal entry is NOT required. You will receive 2 points for each correct journal entry and 1 point for each correctly balanced accounting equation. April 13 outside partners contributed a total of $750,000($250K each) to start a new law firm. April 7To get the office ready for business, the firm purchased $100,000 of office supplies from Best Buy. April 15The firm successfully defended a client in court and the client paid the law firm $50,000. April 25The law firm received $20,000 in advance for legal work to be performed in May. April 30Staff members performed a count of supplies in the supply room and noted that $15,000 of supplies remained at the end of the month.

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