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Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books:

Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books:
Andrea invested $14,200 cash in the business.
Andrea contributed $27,000 of photography equipment to the business.
The company paid $2,800 cash for office furniture.
The company received $6,400 cash for services provided during January.
The company purchased $6,900 of office equipment on credit.
The company provided $3,450 of services to customers on account.
The company paid cash of $2,200 for monthly rent.
The company paid $3,800 on the office equipment purchased in transaction #5 above.
Paid $345 cash for January utilities.
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