Record the following selected transactions for january in a two‐column journal. (a) earned $7,000 fees; customer will pay later. (b) purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit (c) paid $3,000 for rent for january. (d) purchased $2,500 of supplies on account. (e) a. allen $1,000 investment in the company. (f) received $7,000 in cash for fees earned previously. (g) paid $1,200 to creditors on account. (h) paid wages of $6,250. (i) received $7,150 from customers on account. (j) a. allen withdrawal of $1,750. for part (e), which two accounts are affected? a)cash and fees earned b)cash and prepaid insurance c) cash and allen, capital d) cash and accounts receivable