Marigold is a licensed CPA. During the first month of operations of her business, Marigold Corp., the following events and transactions occurred. Stockholders invested $22,200 cash in exchange for common stock. Purchased $1,700 of supplies on account from Vincent Supply Company. Paid office rent of $750 cash for the month. May 1 2 Hired a secretary-receptionist at a salary of $1,300 per month. 3 7 11 12 17 31 Paid secretary-receptionist $1,300 salary for the month. 31 Paid 40% of balance due Vincent Supply Company. Completed a tax assignment and billed client $3,600 for services performed. Received $3,300 advance on a management consulting engagement. Received cash of $1,200 for services performed for Orville Co. Julia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.