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Mahmood establishing his photography studio December 1, 2021. During the first month of operations, the following transactions occurred : Dec 1 Mahmood invested $25,000

Mahmood establishing his photography studio December 1, 2021. During the firstmonth of operations, the following transaction

Mahmood establishing his photography studio December 1, 2021. During the first month of operations, the following transactions occurred : Dec 1 Mahmood invested $25,000 cash in his business. Paid office rent for the month $2,300. Performed services worth $3,800; $2,000 cash is received from customers and the balance is billed to customers on account. 9. Purchased supplies on account for $1,100 from Digital Shot Company. 15 Received $3,500 cash advance from customer for photography services. 20 Received $1,000 cash from customers billed on Dec 5. 28 Paid $680 to Digital Shot Company for accounts payable due. REQUIRED: Prepare journal entries to record each transaction occurred during December 2021. [6 Marks]

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