Question: Using the information provided in BE4- 2, prepare Florences journal entries for the month of January. In BE4.2 Florences Floral Arrangements, Inc. had the following

Using the information provided in BE4- 2, prepare Florence’s journal entries for the month of January.
In BE4.2
Florence’s Floral Arrangements, Inc. had the following transactions in the month of January: The owners invested $ 100,000 (the of the stock) for 20,000 shares of common stock; the company purchased furniture for the florist shop in the amount of $ 12,000, which was put on a credit account with the vendor; and the company paid employees wages of $ 6,000 in cash. What is the effect of each of these transactions on the accounting equation?

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