journal entries need help

Question

Werman Peralta, Attorney at Law, opened his office on Sept. 1, 2018. the following transactions were completed during the month.

a. Deposited 210,000 in the bank in the name of business.

b. Bought office equipment on account from laguna corp. 147,000

c. Invested his personal law library into the business 57,000

d. Paid office rent fot the month 7,600

e. Bought office supplies for cash, 8,850

f. Paid the premium for a one-year fire insurance policy on the equipment and library 1,860

g. Received professional fees for services rendered 24,600

h. Received and paid bill for the use of a landline 2,280

i. Paid salaries of two part-time legal researchers 9,600

j.Paid car rental expense 2,880

k.Received professional fees for services rendered 21,200

l. Paid Laguna Corp. a portion of the amount owed for the acquisition of the office equipment recorded earlier 15,000

m. Peralta withdrew cash for personal use 20,750

Answer 1

assuming you are using GAAP

a. Cash 210,000

Owners Equity 210,000

this assumes that the owner contributed the cash

b. Fixed Assets-Equipment 147,000

note payable 147,000

this assumes that it's not short term accounts payable