Casey found and rented an art studio on March 1st, and has been cleaning, painting, and setting up the space ever since. The grand opening was April 1, 2022.

Owner Investments (aka Owner Contributions)

To enter all owner contributions, you may create one or multiple JEs. Determine the correct account to debit from the list below and credit: Owners Investments. Reminder: all of the items below were paid by Casey from his personal bank account. Also remember to put the description of each item in the JEs. Table 5: Owners Contributions/Investments

Date	Description	Account	Amount
3/1	Rental Deposit (Refundable)	Refundable Deposits	2500
3/1	1st month rent - March (prior to opening)	Rent Expense	3000
3/5	Chesapeake Communications Network Deposit (nonrefundable)	Utilities: Phone & internet	300
3/10	Gallery set up supplies-paint for wall, cleaning supplies, lumber for building shelves/racks	Office Supplies	435
3/15	Miscellaneous art supplies for classes	Art Supplies Expense	750
3/25	4 large art displays (Fair market value at time of contribution = $450 each)	Art Displays	1800
3/31	Owner's deposit to open a business bank account	Casey's Craft Bank	20,000
		Total	$29685