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In the first month of business, Ivanhoe Interior Design Company had the following transactions: Mar.5...

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Accounting

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In the first month of business, Ivanhoe Interior Design Company had the following transactions: Mar.5 The owner, Jackie Martin, invested $10,690 cash in the business. 7 Paid $535 cash for advertising the launch of the business. 9 Purchased supplies on account for $1,240. 11 Purchased a used car for $9,150 cash, for use in the business. 13 Billed customers $1,950 for services performed. 25 Borrowed $10,140 from the bank and signed a note payable. 26 Received $1,210 cash from customers billed on March 13. 29 Paid for the supplies purchased on March 9. 30 Received $775 cash from a customer for services to be performed in April, 31 Paid Jackie Martin $1,930 cash for her personal use

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