1

1-Jun-20

Bill Williams invested

$200,000 in cash and office equipment that had a fair value of $48,000 in the business

2 1-Jun-20 Prepaid $14,400 cash for three months' rent for an office

3 2-Jun-20 Made a credit purchase of office equipmement for $24,000 and office supplies for $4,800

4 6-Jun-20 Completed services for a client and immediately received $4,000

cash

5 9-Jun-20 Completed a $16,000

project for a client, who will pay within 30 days

6 10-Jun-20 Paid the accounts payable created on Jun2.

7 19-Jun-20 Paid $12,000 cash for the annual premium on an insurance policy

8 22-Jun-20 Received $12,800 as partial payment for the work completed on

Jun9, 2020

9 25-Jun-20 Completed work for another client for $5,280 on credit

10 30-Jun-20 Bill withdrew $12,400

cash from the business for personal use

11 30-Jun-20 Purchased $1,600 of additional office supplies on credit

12 30-Jun-20 Paid $1,400 for the month's utility bill.