Jessica had the following transactions in January, her first month in business:Jan $1$ Deposited $$10,000$ into a bank account in the businesss name to start the business on$.$Jan $2$Jessica rented a studio office where she will operate her business. She paid the first six months rent of $$3,000.$ Rent will be due on the first of every month.Jan $3$Jessica purchased a company automobile. She bought a used car costing $$7,200.$ She paid $$1,200$ cash and borrowed the remaining $$6,000$ at the bank to purchase the car.Jan $4$Jessica hired a part$-$time employee, Lee, to come in and clean, run errands, and help where needed around the office. She pays Lee $$75/$week to come in for $2$ hours per day Monday through Friday. Lee will be paid every Friday. Today is Thursday, Lees first day of work.Jan $5$Jessica paid Lee $$30$ in wages for the week. $($Lee worked Thursday and Friday her $1$st week$).$Jan $6$A customer came in and contracted for a portrait. The price of the portrait will be $$500.$ The customer paid $$200$ in advance and the remaining $$300$ will be paid when the portrait is delivered.Jan $7$A customer ordered a custom painting. They agreed upon a price of $$300$ to be paid upon delivery of the painting. $($Hint: A$/$R$)$Jan $7$Jessica purchased artists paint, paint brushes, canvas, and other supplies on account for the business at a cost of $$1,500.$ The supplies should last her at least $2-3$ months.Jan $8$Jessica completed and delivered other paintings to customers $($not the customer from Jan $6),$ receiving $$1,200$ in cash for fees earned.Jan $9$Jessica paid $$300$ for local newspaper and radio advertising for the month of January.Jan $10$Jessica sold paintings to customers on account for $$650.$Jan $11$Jessica bought gasoline for the company car to meet several customers in their homes to discuss artist services she is to perform. The fuel cost was $$60.$ Jessica expects the fuel to last until the end of the month.Jan $12$Jessica paid Lee $$75$ in wages for the week.Jan $13$Jessica sold a painting she had on display in her shop for $$150$ cash.Jan $14$Jessica sold $2$ paintings on display for a total of $$350$ cash.Jan $15$Jessica purchased some office furniture for the business for $$1,200.$Jan $16$Jessica purchased cleaning supplies for the office, paying cash. The cleaning supplies cost $$25$ and Jessica expects them to be used up by the end of the month.Jan $17$A customer contracted for a portrait for $$450.$ She paid the full contract price in advance.Jan $18$Jessica completed and delivered the portrait for the customer from January $6.$ The customer paid Jessica the $$300$ still owed on the portrait.Jan $19$Jessica paid Lee $$75$ in wages for the week.Jan $20$Jessica sold a painting for $$150$ cash.Jan $21$Jessica sold $5$ more completed paintings on account for $$1,200.$Jan $22$Jessica sold completed paintings to customers for cash, receiving $$600.$Jan $23$Jessica sold a painting for $$200$ on account.Jan $24$Jessica withdrew $$500$ from the company bank account for personal use.Jan $25$Jessica received $$650$ from customers on account.Jan $26$Jessica paid Lee's $$75$ in wages for the week.Jan $27$A customer ordered a portrait to be painted at an agreed$-$upon price of $$500.$ The customer paid a $$200$ deposit on the portrait. The balance is to be paid upon receipt of the portrait. Jan $28$Jessica completed the custom painting ordered by the customer on Jan $7.$ The customer is to pick the painting up on Feb $3.$Jan $29$Jessica sent Lee out to purchase $$100$ worth of finger foods and soft drinks for an open house and grand opening event she had planned for that afternoon to showcase her paintings and artwork for sale. $($Consider this miscellaneous exp$).$ She expects all the food and drinks to be consumed during the event.Jan $30$Jessica received the first utility bill for the business. Utilities for January were $$200.$ The utility bill is due February $10$th$.$Jan $31$The first telephone bill for the company came in the mail. Telephone service for the month of January was $$60.$ The bill is due on Feb $10$th$.$Jan $31$Paid the $$1,500$ for the supplies purchased on account on Jan $7$th$.$