More info a. Deshawn Conway opened a law firm by investing $21,500 cash and office furniture with a fair value of $8,900. Organized as a professional corporation, the business issued common stock to Conway. b. Paid monthly rent of $1,200. C. Purchased office supplies on account, $1,300. d. Paid employees' salaries of $3,500. e. f. Paid $500 of the accounts payable created in transaction c. Performed legal service on account, $10,300. g. Declared and paid dividends of $2,500. Print Done