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I need help with these questions with an explanation ...

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Accounting

I need help with these questions with an explanation
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Jim invests $20,000 cash into his new company names JR, Inc. The company issues Jim common stock. The journal entry to record this transaction would include: a credit to common stock a credit to cash none of the above a debit to common stock JR Inc. purchases supplies costing $500 on account from Supplies Distributing Company. The journal etry would include: a credit to accounts payable A credit to cash a debit to accounts payable a debit to supplies expense ABC Co. contracts Libby Design to create a logo for the company. ABC pays Libby Design $5,000 cash for the logo. Which of the following responses is correct? The cost of the logo should be debited to an account named logo expense. The journal entry would increase cash and increase logo. The account logo is a liability The journal entry would include a debit to Logo and a credit to cash ABC Company has assets totaling $50,000, liabilities totaling $30,000. What is the balance of the Stockholders Equity accounts if Retained Earnings has a credit balance of $5,000. $80,000 $5,000 $20,000 $15,000

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