3- Iris Smith has a salon. During the first month of the operation of her business, the following events and transactions occurred.

1- April 1 Invested $50,000 cash in her business.

2- Hired an assistant at a salary of $900 per week payable monthly.

3- Paid office rent for the month $1,500.

4- Purchased supplies on account from Zera Company $5,000.

5- Performed services and received in cash $6,300.

6- Received $500 cash advance from Moora as a deposit.

7- April 30 she paid the assistance the salary for the month $3,900.

8- April 30 she paid $5,000 to Zera Company for accounts payable due.

Iris uses the following accounts: Cash, Supplies, Accounts Payable, Unearned Service Revenue, Owners Capital, Service Revenue, Salaries and Wages Expense, and, Rent Expense.