The following are business transactions of The Great Tutoring Service for June of the current...
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Accounting
The following are business transactions of The Great Tutoring Service for June of the current year: a Jane Goodman invested $10,500 cash to begin the business b. Paid building rent of $400 for the first month. c. Purchased furniture and equipment on account for $5,400. d. Purchased supplies for $125 cash. e. Received $225 cash for services rendered. f. Paid furniture and equipment suppliers $300 on account. g. Billed clients $1,250 for tutoring service rendered. h. Received $350 cash from clients previously billed. I paid salaries of $1,000 to employees. 1. Paid $100 for utilities for the month. k Paid legal fees of $250. 1. Purchased $175 worth of supplies on account. m. Paid a $90 invoice for advertising expense for this month. n Jane Goodman used $300 from business for personal expenses Required: Record each of the transactions for The Great Tutoring Service for June of the current year

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