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Please prepare in proper Journal Entry format the following transactions. 1)5/1, the owner...

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Accounting

Please prepare in proper Journal Entry format the following transactions.
1)5/1, the owner contributed $4,000 cash and $10,000 in equipment to the company.
2)5/2, sold merchandise to a customer for $1,500, terms 2/10, n/30.
3)5/4, purchased $300 of office supplies on Credit.
4)5/5. paid $4,800 in advance for a one year insurance policy.
5)5/16, paid in cash salaries of $2,200.
6)5/18, paid in cash the current month's advertising bill for $300.
7)5/20, received a bill for equipment repairs for $100. The bill will be paid at a later date.
8)5//22, received $1,000 for consulting services to be performed later.

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