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Transactions
a. Brenda Jo Smith invested $20,000 in cash to start the business.
b. Paid $2,000 for advertisements in a design magazine.
c. Purchased office furniture for $5,900 in cash.
d. Performed services for $7,550 in cash.
e. Paid $270 for the monthly telephone bill.
f. Performed services for $1,800 on credit.
g. Purchased a fax machine for $625; paid $75 in cash, with the balance due in 30 days.
h. Paid a bill for $670 from the office cleaning service.
i. Received $1,780 from clients on account.
j. Purchased additional office chairs for $665; received credit terms of 30 days.
k. Paid $5,200 for salaries.
I. Issued a check for $285 in partial payment of the amount owed for office chairs.
m. Received $2,540 in cash for services performed.
n. Issued a check for $580 for utilities expense.
o. Performed services for $2,270 on credit.
p. Collected $1,020 from clients on account.
q. Brenda Jo Smith withdrew $2,620 in cash for personal expenses.
r. Paid $720 to Copy Quick for photocopy work performed during the month.
