Michael Douglas Started City BnB which is a bread and breakfast in Vancouver. City BnB offers accommodations and breakfast to travelers exploring the city. The following are the transactions for the month of August.

a$.$ On August $1,$ purchased an IKEA bed for $$400$ cash.

b$.$ On August $7,$ discussed the prices of staying at CityBnB with a customer over the phone

c$.$ On August $13,$ rented a room to a family and billed them $$600$ on credit.

d$.$ On August $14,$ purchased and used cleaning services for $$300$ on credit.

e$.$ On August $31,$ invested $$25,000$ cash into the business.

Prepare the journal entries for the month of August. Use the template given in the response section