accounting part 2

Complete the problems in the attached file as Midterm Exam - Part II. Make sure to save your solutions as an.xlsx file type with your name in the file name (e.g. JWales_MidtermExam Part 2), and submit it to this assignment by the end of the week. [Links to web-based documents or formats that will not open in Excel will not be accepted. Davis & Bell began a health clinic as a corporation in 2014. Several transactions which occurred early in 2014 are descibed below. Record each transaction in proper journal entry form, excluding written explanations. Required: 5 points each Record each transaction in proper journal entry form, excluding written explanations. A 1/15/2014 Stockholders invested $90,000 in the business and received shares of common stock as evidence of ownership. B 2/1/2014 Rent of $2,000 was paid for the month of February C 2/10/2014 Equipment with a cost of $10,000 was purchased on credit; payment is due in 30 days. D 2/14/2014 Fees totaling $5,500 were billed to patients; $3,000 was collected immediately and the balance of $2,500 is due within 30 days. E 2/19/2014 Full payment was made for the equipment purchased on February 10th.