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On April 1 , Carol Garcia established Garcia's Travel Agency. The following transactions were completed during the month. 1 . Invested ( $

On April 1, Carol Garcia established Garcia's Travel Agency. The following transactions were completed during the month. 1. Invested \(\$ 13,000\) cash to start the agency. 2. Paid \(\$ 500\) cash for April office rent. 3. Purchased equipment for \(\$ 2,900\) cash. 4. Incurred \(\$ 700\) of advertising costs in the Chicago Tribune, on account. 5. Paid \(\$ 900\) cash for office supplies. 6. Performed services worth \(\$ 10,000: \$ 3,000\) cash is received from customers, and the balance of \(\$ 7,000\) is billed to customers on account. 7. Withdrew \(\$ 500\) cash for personal use. 8. Paid Chicago Tribune \(\$ 500\) of the amount due in transaction (4).9. Paid employees' salaries \(\$ 2,500\).10. Received \(\$ 4,000\) in cash from customers who have previously been billed in transaction (6)./r/n GARCIA'S TRAVEL AGENCY

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