Prepare Journal Entries in Good Form for the Following Transactions

Essay

Prepare journal entries in good form for the following transactions for the Calorie Corp.
a.Owner invested cash of $12,000 and office equipment valued at $7,500 into the business,receiving common shares in exchange.
b.Purchased supplies for cash,$1,000.
c.Paid $750 for one months rent on the store.
d.Billed a client $1,500 for services rendered.
e.Owner received a dividend of $300.