opened the new business in the name of Jesi Advertising Agency and completed the following transactions during the month of March 2019.

1. Purchased office supplies, Sh.5,000, and additional office equipment Sh.7,000 on credit.
2. Collected Sh. 130,000 fee for an advertising campaign for a client
3. Purchased additional office equipment on credit, Sh.11,000
4. Paid for advertising that had appeared in a local magazine , Sh.18,000
5. Paid the office secretarys salary for March, Sh. 18,500
6. Paid for supplies and equipment purchased in transaction (a) above
7. Completed a marketing research assignment for a client on credit , Sh,85,000
8. Collected a fee of Sh.29,500 from the sale of an advertisement for a client
9. The client of transaction (g) paid Sh.40,000 of the amount owed.
10. Paid Sh.9,850 for a magazine advertisement that had already appeared
11. James Stewart withdrew Sh.15,000 from the business for personal use.