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Nov .1: Luis Ruiz invests $20,000 to start his own consulting agency. Nov. 1: Purchased a one-year fire-insurance policy, $960. NOv.5 Acquired computer for $10,000,

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Nov .1: Luis Ruiz invests $20,000 to start his own consulting agency. Nov. 1: Purchased a one-year fire-insurance policy, $960. NOv.5 Acquired computer for $10,000, paying $3, 500 down with balance due in 60 days. Nov 6: Purchased office supplies on account from Taylor Supply, $1, 500. Nov.9: Paid Taylor Supply $400 on account. Nov 10: Billed Barkley insurance for consulting services performed, $6,000. Nov. 12: Collected $1, 500 from Barkley Insurance. Now.12: Hired secretary to be paid $600 per week. Nov 15: Collected $1,000 from Bryant Realty for consulting services to be performed. Nov.26: Paid the secretary two week's wages, $1, 200. Nov.29: Received and paid the November utility bill, $700. Nov. 30: Received (but did not pay) the November telephone bill, $100. Nov.30: Performed consulting services for Bing Enterprises, $4, 800, to be collected in December. Nov.30: Ruiz withdrew $1, 400 from the business for personal living expenses

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