1) May1, 2019 Business owner open Renovation& design company and invested $90,000 in business bank account 2) May1, 2019 Business bought supplies $1200 , but the money will be paid in the future 3)May1, 2019 business paid a one year rent for $6,000 4) May2, 2019 Business bought a computer and a copier machine for $19,000 paid in cash, the useful life of the machine is 5 years, residue value is $1,000 5) May3, 2019 business bought the floor materials required to complete upcoming renovation Project#1 for $5500, paid in cash 6) May3, 2019 business use the 5 year auto financing $24,000 to purchase a truck ( Loan annual interest rate is 10%, which will be paid at the end of 5 years with the principal and truck's useful life is 5 years)
Prepare the jornal entries.