Exercise 3-1 Beverly Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April 2 Invested $32,150 cash and equipment valued at $15,060 in the business. 2 Hired a secretary-receptionist at a salary of $200 per week payable monthly. 3 Purchased supplies on account $790. (Debit an asset account.) 7 Paid office rent of $750 for the month. 11 Completed a tax assignment and billed client $1,280 for services rendered. (Use Service Revenue account.) 12 Received $3,460 advance on a management consulting engagement. 17 Received cash of $2,890 for services completed for Ferengi Co. 21 Paid insurance expense $170. 30 Paid secretary-receptionist $800 for the month. 30 A count of supplies indicated that $220 of supplies had been used. 30 Purchased a new computer for $5,190 with personal funds. (The computer will be used exclusively for business purposes.) Journalize the transactions in the general journal. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)