Prepare journal entries, in good form, for the following transactions:a. Ellen Rutledge invested $3,000 cash in her new architectural services proprietorship.b. Ellen paid the first month’s rent with $800.c. Ellen purchased equipment by paying $1,000 down and executing a note payable for $3,500.d. Ellen purchased supplies for $350 cash.e. Ellen billed a client for $2,300 of architectural services completed.f. Ellen received the $2,300 for the completed services.
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