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1 I invested $2,500 cash and $1,580 of supplies into the business. I also opened a bank account in the business's name. 1 Purchased a 12 -month business insurance policy for $1,200. 1 Took out a small business loan of $5,000 from My Local Bank. The first payment will not be due until the end of March. 1 Purchased repair equipment for $2,100cash. This equipment should last for about five years. 3 Paid landlord $875 for January rent on my repair shop. 4 Customer John Stewart brought in a device for repair. It took me two weeks to complete the repair. I gave John an invoice for $10,900 on February 18th when he picked up his device. 5 Paid my roommate $375 for my half of the rent on my apartment where I live. 6 Purchased $380 of supplies with cash from Circuit City. 14 Customer Sarah Church dropped of a device for repair and a cash prepayment of $50. 15 Paid assistant's salary of \$1,200. I have one worker who I pay every two weeks on Friday. 16 Purchased $440 of supplies on account from Technology Warehouse. 18 Completed Sarah Church's repair. Total repair charge was $75. Sarah paid the remaining balance when she picked up her device on February 18th 21 Customer Dr. Embert prepaid $4,000 for a device he plans to deliver to me on March 3rd for repair. 22 Discussed potential contract with local computing firm. Will likely be worth $45,000 of work. They will let me know in the next couple of months if they want to move forward. 23 Received $1,000 from John Stewart as payment on the work billed on February 18th. 27 It took $5,000 out of the business bank for myself. 28 Received the February utility bill. It is for $95. I will pay it next month because it is not due until March 10th

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