One Cullumber Corp. had the following transactions during the first month of business. Aug. 2 Owner invested $11,850 cash and $2,460 of equipment in the business in exchange for common shares. 7 Purchased supplies on account for $590. (Debit asset account.) 12 Performed services for clients, collecting $1,245 in cash and billing the clients $500 for the remainder. 15 Paid August rent, $645. 19 Counted supplies and determined that only $285 of the supplies purchased on August 7 were still on hand. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit