Jennifer opened a day care called Jennifer’s Playtime and had the following transactions. Record the journal entries in debit/credit format

Jennifer contributed the following to the business in exchange for $13,600 in common stock. Cash $5,700; computer equipment $4,300; office equipment $3,600

Paid the rent in cash $400

Paid for an advertisement that ran during the month of $250

Received applications from students

Purchased supplies on credit $330

Billed the enrolled students $1,750

Purchased furniture $2,500 on credit

Paid for the supplies in (e)

Paid cash to repair computer equipment $100

Received payment from students previously billed for tuition $1,750

Paid the utility bill for the current month $300

Paid salary $2,300

Declared and paid a dividend $500