On June 1 of the current year, Chris Bates established a business to manage rental property. The following transactions were completed during June: Opened a business bank account with a deposit of $ 50,000 in exchange for common stock. b . Purchased office supplies on account, $2,890 Received cash from fees earned for managing rental property, $7,810. d . Paid rent on office and equipment for the month , $3,540 e Paid creditors on account, $1,310. f . Billed customers for fees earned for managing rental property, $ 6,560. g . Paid automobile expenses for month, $ 790, and miscellaneous expenses, $390. h. Paid office salaries, $2,490. Determined that the cost of supplies on hand was $1,710 ; therefore, the