JE.

Bill Rosenberg recently opened his legal practice as a sole proprietorship. During the first month of operations, the following events and transactions occurred: April 2 Invested $14,200 cash along with equipment valued at $10,200 in the business. Hint: (Use Owner's Capital). 2 Hired an administrative assistant at a salary of $420 per week payable monthly. 3 Purchased $1,220 of supplies on account. (Debit an asset account.) 7 Paid office rent of $890 for the month. 11 Completed the preparation of a will and billed the client $1,400 for services rendered. (Use the Service Revenue account.) 12 Received cash of $4,150 in advance of performing services. 17 Received cash of $2,620 for services completed for Oriole Company. 21 Paid insurance expense of $270. 30 Paid the administrative assistant $1,680 for the month. 30 A count of supplies indicated that $295 of supplies had been used during the month. 30 Purchased a new computer for $4,050 paid for with personal funds. (The computer will be used only 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 the account tities and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Apr. 2 (To record investment by owner.) Y