No handwritings please

P2-3A. Transaction Analysis Grant Appraisal Service provides commercial and industrial apprai and feasibility studies. On January 1, the assets and liabilities of the business were the following Cash, $10,700; Accounts Receivable, $15,800; Accounts Payable, $600, and Notes Payable, $3,500 Common Stock had a balance of $18,400. Assume that Retained Earnings as of January 1, were $4,000. The following transactions occurred uring the month of January: Jan. 1 Paid rent for January, $950 2 Received $8,800 payment on customers' accounts. 3 Paid $750 on accounts payable. 4 Received $1,700 for services performed for cash customers. 5 Borrowed $5,000 from a bank and signed a note payable for that amount 6 Billed the city $6,.200 for a feasibility study performed; billed various other credit 7 8 9 10 11 customers, $1,900. Paid the salary of an assistant, $3,500. Received invoice for January utilities, $410. Paid $6,000 cash for employee salaries. Purchased a van (on January 31) for business use, $8,800. Paid $150 to bank as January interest on the outstanding notes payable P2-3A. Transaction Analysis Grant Appraisal Service provides commercial and industrial apprai and feasibility studies. On January 1, the assets and liabilities of the business were the following Cash, $10,700; Accounts Receivable, $15,800; Accounts Payable, $600, and Notes Payable, $3,500 Common Stock had a balance of $18,400. Assume that Retained Earnings as of January 1, were $4,000. The following transactions occurred uring the month of January: Jan. 1 Paid rent for January, $950 2 Received $8,800 payment on customers' accounts. 3 Paid $750 on accounts payable. 4 Received $1,700 for services performed for cash customers. 5 Borrowed $5,000 from a bank and signed a note payable for that amount 6 Billed the city $6,.200 for a feasibility study performed; billed various other credit 7 8 9 10 11 customers, $1,900. Paid the salary of an assistant, $3,500. Received invoice for January utilities, $410. Paid $6,000 cash for employee salaries. Purchased a van (on January 31) for business use, $8,800. Paid $150 to bank as January interest on the outstanding notes payable