For the past several years, Jolene Upton has operated a part-time consulting business from her home. As of July 1, 2019, Jolene decided to move to rented quarters and to operate the business, which was to be known as Gourmet Consulting, on a full-time basis. Gourmet Consulting entered into the The following assets were received from Jolene Upton: cash, $19,000, accounts receivable, $22,300 supplies, $3,800, and office equipment, $8,900. There were no liabilities received Ju.1 t, $6,000 2 Paid the premiums on property and casualty insurance policies, $4,500 4 Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $8,000 5 Purchased additional office equipment on account from Office Necessities Co, s5,100 For the past several years, Jolene Upton has operated a part-time consulting business from her home. As of July 1, 2019, Jolene decided to move to rented quarters and to operate the business, which was to be known as Gourmet Consulting, on a full-time basis. Gourmet Consulting entered into the The following assets were received from Jolene Upton: cash, $19,000, accounts receivable, $22,300 supplies, $3,800, and office equipment, $8,900. There were no liabilities received Ju.1 t, $6,000 2 Paid the premiums on property and casualty insurance policies, $4,500 4 Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $8,000 5 Purchased additional office equipment on account from Office Necessities Co, s5,100