On January 1, 20Y5, Fahad Ali established Mountain Top Realty, which completed the following transactions during the month: a. Fahad Ali transferred cash from a personal bank account to an account to be used for the business, $29,000. b. Paid rent on office and equipment for the month, $5,360. c. Purchased supplies on account, $1,580. d. Paid creditor on account, $580. e. Earned fees, receiving cash, $24,360. f. Paid automobile expenses (including rental charge) for month, $1,490, and miscellaneous expenses, $1,000. g. Paid office salaries, $3,120. h. Determined that the cost of supplies used was $880. 1. Withdrew cash for personal use, $1,440.

On January 1, 20Y5, Fahad All established Mountain Top Realty, which completed the following transactions during the month: a. Fahad Ali transferred cash from a personal bank account to an account to be used for the business, $29,000. b. Paid rent on office and equipment for the month, $5,360. c. Purchased supplies on account, $1,580. d. Paid creditor on account, $580. e. Earned fees, receiving cash, $24,360. f. Paid automobile expenses (including rental charge) for thonth, $1,490, and miscellaneous expenses, $1,000. 9. Paid office salaries, $3,120. h. Determined that the cost of supplies used was $880. 1. Withdrew cash for personal use, $1,440