Rowdy Bolton began Bolton Office Services in October and during that month completed these transactions:
a. Invested $10,000 cash, and $15,000 of computer equipment in exchange for common stock.
b. Paid $500 cash for an insurance premium covering the next 12 months.
c. Completed a word processing assignment for a customer and collected $1,000 cash.
d. Paid $200 cash for office supplies.
e. Paid $2,000 for October's rent.
Prepare journal entries to record the above transactions. Explanations are unnecessary.
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