Aug. $1$

Cash

$5,750$

Owner's Capital

$5,750$

$($Owner$\text{'}$s investment of cash in busines. $s)$

$10$ Cash

$2,990$

Service Revenue

$2,990$

$($Received cash for services performed$)$

$12$

Equipment

$5,750$

Cash

$2,645$

Notes Payable

$3,105$

$($Purchased equipment for cash and notes payable$)$

$25$

Accounts Receivable

$1,955$

Service Revenue

$1,955$

$($Billed clients for services performed$)$

$31$

Cash

$1,035$

Accounts Receivable

$1,035$

$($Receipt of cash on account$)$

Post the transactions to $T-$accounts. $($Post entries in the order presented in the problem statement.$)$