Estevan Perera Law Firm service business The following transactions occurred in the first month of the operation May 2021. 1-May Owner invested $11200,000 cash which was deposited into the business bank account. 2-May Purchase a motor vehicle valued at $7,000 with cash 3-May $1750. Prepaid insurance for the motor vehicle for the first six months 6-May Purchase office supplies for $5,200 on account. 8-May Provided service to customers by cash $15,175. 10-May Provided service to customers on account $19,000. 11-May Owner withdraw cash for personal use $7050 12-May the month. 16-May Received cash valued at $17,000 for services to be rendered later in Provided services to customers on account for $14,000