48 prepare journal entries in good form for the following transactions a francine fo 4300897

48) Prepare journal entries in good form for the following transactions.

a)Francine Forestell opened a consulting firm by investing $20,700 cash and office furniture valued at $8,300.

b) Paid monthly rent of $1,000

c)Purchased office supplies for cash, $700.

d)Paid $1,200 employee salary.

e)Billed a client $4,000 for services rendered.

49) Prepare journal entries in good form for the following transactions.

a)Owner, Mira Addington invested equipment valued at $4,500 and cash of $7,000 into the business.

b)Purchased office supplies for cash, $550.

c)Paid $700 for current month's rent of office space.

d)Billed a client $2,000 for services rendered.

e)Owner, Mira Addington withdrew $1,600 for personal living expenses.