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Prepare the Journal Entries for the following transactions a. Owners place $50,000 in...

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Accounting

Prepare the Journal Entries for the following transactions
a. Owners place $50,000 in the company in exchange for Capital Stock
b. Purchased supplies on account $5,000
c. Paid for rent expense $1,000
d. Performed services and billed customers for $45,000
e. Customers paid $20,000 on account
f. Purchased a piece of equipment for $80,000 paying $30,000 cash and the rest on account
g. Paid dividends of $10,000
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