judi salem opened

-r April Judi Salem opened a law office on July 1, 201 d Cash $5,000, Accounts Receivable $1,500, Supplies $500, Equipm nts Payable $4,200, and Owner's Capital $8,800. During August, the follo s occurred. ected $1,200 of accounts receivable. $2,800 cash on accounts payable. ognized revenue of $7,500 of which $3,000 is collected in cash and in September. hased additional equipment for $2,000, paying $400 in cash and int. salaries $2,500, rent for August $900, and advertising expenses -r April Judi Salem opened a law office on July 1, 201 d Cash $5,000, Accounts Receivable $1,500, Supplies $500, Equipm nts Payable $4,200, and Owner's Capital $8,800. During August, the follo s occurred. ected $1,200 of accounts receivable. $2,800 cash on accounts payable. ognized revenue of $7,500 of which $3,000 is collected in cash and in September. hased additional equipment for $2,000, paying $400 in cash and int. salaries $2,500, rent for August $900, and advertising expenses