The following information pertains to York Rafting Company:
Jan. 2 Issued common stock to investors for $25,000.
3 Bought $3,500 of supplies on account.
4 Paid rent for January in the amount of $1,200.
9 Billed a customer $7,000 for services provided.
16 Paid $1,500 cash to vendor for the January 3 purchase.
24 Borrowed $10,000 from local bank.
26 Received payment for billing made on January 9.
Required
Prepare journal entries for each transaction (omitting explanations).