Fred Jones started The Jones Company $("$Company$"),$ a new business that began operations on May $1.$ TJC completed the following transactions its first month of operations:

May $1$: Fred Jones invested $$30,000$ cash in his Company.

May $3$: The Company paid $$1,500$ cash for office equipment.

May $8$: The Company performed consulting services for a client and immediately collected $$12,000$ in cash.

May $12$: The Company performed consulting services for a client and immediately billed them $$6,000.$

May $15$: The Company paid $$1,000$ cash for an assistant's salary for the first half of May.

May $20$: The Company received a $$3,000$ cash payment for the services rendered on May $12.$

May $22$: The Company performed $$8,000$ in consulting services for a client and immediately billed them.

May $24$: The Company received a $$4,000$ cash payment for the services rendered on May $22.$

May $26$: The Company purchased $$4,000$ in office equipment on account.

May $27$: The Company paid $$1,000$ cash for an assistant's salary for the second half of May.

May $28$: The Company paid $$100$ cash for the May telephone bill.

May $29$: The Company paid $$400$ cash for the May utility bill.

May $30$: The Company paid $$2,000$ cash for the office equipment purchased on May $26.$

May $31$: Fred Jones withdrew $1,000$ cash from the Company for personal use.

Prepare the following financial statements: Income Statement, Statement of Owner's Equity and Balance Sheet. Also categorize the transactions into the following groups: Cash, accounts receivable, office equipment, accounts payable, owner$$s capital, owner withdrawals, revenues and expenses.