of operations for Niamh Farrell Advertising Services. Niamh Farrell Advertising Services, was organized on September 1, 2022, as an Advertising Proprietorship. The following are the transactions that occurred during the first month Transactions for the month: Sept. 1 Received $37.000 from the owner, Niamh Farret Sept. 4 Sept 61 Purchased equipment worth $44,000 by paying $19,000 and borrowing the remaining $25,000 on a Notes Payable to the bank. Purchased supplies on account for $1,800. Billed $14,500 to customers for services performed. Sept. 9 Sept. 15 Paid $1,200 for one-years' worth of liability insurance. Sept. 25 Niamh Farrell withdrew $800 for personal use. Sept. 29 Received invoice for rent incurred of $1,000. Paid $600 and the rest will be paid with next month's payment. Sept. 30 Received $6,000 for services previously performed on September 9