Jenny Watson started her consulting business, Jenny Consulting, in 2020. During January 2021, Jenny Consulting had the following transactions: January 3 9 Received cash from clients for payment in advance for services to be provided in future, $1,000 Paid cash for advertisement expenses, $500 16 20 Paid total cash of $4,400 for salaries, including January salaries of $3,200 and $1,200 of salaries payable from December Purchased supplies on account, $400 22 Received cash from clients on account, $2,800 25 Performed services on account and billed clients for services provided, $980 28 Received cash for services performed in January, $5,800 29 Jenny withdrew $2,000 from capital 30 Paid cash for telephone bill, $150