Donton Consulting performs systems consulting and has the following post$-$closing balances at December $31,2016$

$($Click the icon to view the post$-$closing balances.$)$

The company has also begun selling accounting software and uses the perpetual inventory system to account for software

inventory.

During January, Donton Consulting completed the following transactions and opened the following accounts.

$($i$)($Click the icon to view the transactions.$)$

i $($Click the icon to view the new accounts and opening balances.$)$

More info

Jan. $2$ Completed a consulting engagement and received cash of $$8,900.$

$2$ Prepaid three months office rent, $$2,700.$

$7$ Purchased $70$ units software inventory on account, $$1,450,$ plus

freight in$,$ $$90.$

$18$ Sold $40$ software units on account, $$3,200.$

$19$ Consulted with a client for a fee of $$1,800$ on account

$20$ Paid employee salaries, $$1,650,$ which includes accrued salaries

from December.

$21$ Paid on account, $$1,700$

$22$ Purchased $170$ units software inventory on account, $$4,080.$

$24$ Paid utilities, $$190.$

$28$ Sold $110$ units software for cash, $$6,600.$

$31$ Recorded the following adjusting entries:

a$.$ Accrued salaries expense, $$550$

b$.$ Depreciation on Equipment, $$15$; Depreciation on Furniture, $$65$

c$.$ Expiration of prepaid rent, $$900$

d$.$ Physical count of software inventory, $86$ units