1. For the past several years, Jeff Horton has operated a part-time consulting business from his home. As of April 1, 2016, Jeff decided to move to rented quarters and to operate the business, which was to be known as Rosebud Consulting, on a full-time basis. Rosebud Consulting entered into the following transactions during April: Apr. 1. The following assets were received from Jeff Horton: cash, $20,000; accounts receivable, $14,700; su ofce equipment, $12,000. There were no liabilities received. Paid three months' rent on a lease rental contract, $6,000. Paid the premiums on property and casualty insurance policies, $4,200. Received cash from clients as an advance payment for services to be provided and recorded it as une Purchased additional ofce equipment on account from Smith Ofce Supply Co., $8,000. @WPN!' Received cash from clients on account, $11,700. 10. Paid cash for a newspaper advertisement, $350. 12. Paid Smith Ofce Supply Co. for part of the debt incurred on April 5, $6,400. 12. Recorded services provided on account for the period April 112, $21,900. 14. Paid receptionist for two weeks' salary, $1,650. Record the following transactions on Page 2 of the journal: 17. Recorded cash from cash clients for fees earned during the period April 116, $6,600. 18. Paid cash for supplies, $725. 20. Recorded services provided on account for the period April 1320, $16,800. 24. Recorded cash from cash clients for fees earned for the period April 1724, $4,450. 26. Received cash from clients on account, $26,500. 27. Paid receptionist for two weeks' salary, $1,650. 29. Paid telephone bill for April, $540. 30. Paid electricity bill for April, $760. 30. Recorded cash from cash clients for fees earned for the period April 2530, $5,160. 30. Recorded services provided on account for the remainder of April, $2,590. 30. Jeff withdrew $18,000 for personal use