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Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. Lita Lopez invested $ 6 3

Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations.
Lita Lopez invested $63,000 cash and office equipment valued at $39,000 in the company in exchange for its common stock.
The company purchased an office suite for $45,000 cash.
The company purchased office equipment for $5,400 cash.
The company purchased $3,600 of office supplies and $1,500 of office equipment on credit.
The company paid a local newspaper $870 cash for printing an announcement of the offices opening.
The company completed a financial plan for a client and billed that client $4,700 for the service.
The company designed a financial plan for another client and immediately collected a $8,700 cash fee.
The company paid $1,600 cash in dividends to the owner (sole shareholder).
The company received $3,700 cash as partial payment from the client described in transaction f.
The company made a partial payment of $750 cash on the equipment purchased in transaction d.
The company paid $1,700 cash for the office secretarys wages for this period.
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