Prepare the journal entries for the following business transactions:
Accounting Principles: Journal Entry T Account Practice Problem journal-entries-exercises-with-answers
: The company buys office equipment for $5,000 on credit. Expense Payment : Paid $1,200 for the current month's rent. Prepare the journal entries for the following business
: Performed services for $2,500 and billed the customer (on account). 000 cash into the business.
: The owner invests $50,000 cash into the business.