P$2-4$A Jake owns a lawn maintenance company, and Luke owns a machine repair shop. For the month of pace loi

July, the following transactions occurred.

July $3$ Jake provides lawn services to Luke's repair shop on account, $$500.$

July $6$ One of Jake's mowers malfinetions. Luke provides repair services to Jake on account, $$450.$

July $9$ Luke pays $$500$ to Jake for lawn services provided on July $3.$

July $14$ Luke borrows $$600$ from Jake by signing a note.

July $18$ Jake purehases advertising in a local newspaper for the remainder of July and pays eash, $$110.$

July $20$ Jake pays $$450$ to Luke for serviees provided on July $6.$

July $27$ Luke performs repair services for other customers for eash, $$800.$

July $30$ Luke pays employee salaries for the month, $$300.$

July $31$ Luke pays $$600$ to Jake for money borrowed on July $14.$