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Det (14 ) entity explanations and perform Om el gia (0) Sara invest o r business en a in exchange for comme 2) shin Pan f cha
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Answer #1

Journal entry

No General journal Debit Credit
a Cash 25000
Common Stock 25000
b Equipment 4000
Cash 2000
Account payable 2000
c Advertising expense 200
Advertising payable 200
d Account receivable 1500
Sales revenue 1500
e Salaries expense 200
Cash 200
f Account receivable 300
Sales revenue 300
g Advertising payable 200
Cash 200
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