PART $4$ Record the following transactions for Totally Clips Hair Salon for September $2022.$

$1.$ Olivia Livingston invested $$30,000$ to start the business.

$2.$ Paid rent for the month, $$1,200.$

$3.$ Bought equipment for $$15,000,$ paying $$5,000$

$4.$ Sold services for the week, $$2,400$ cash.

$5.$ Bought one year insurance policy for $$1,800$ cash.

$6.$ Bought supplies on account, $$600.$

$7.$ Paid wages of part$-$time employee $$650.$

$8.$ Sold services on account, $$1,900.$

$9.$ Paid $$2,000$ of amount due on equipment purchased in transaction #$3.$

$10.$ Received $$500$ of the amount in transaction #$8.$

$11.$ Olivia bought an ad in the local newspaper on account, $$350.$ The ad appeared in the newspaper in September.

$12.$ Olivia withdrew cash for personal use, $$1,600.$

1 2 3 4 5 6 7 8 9 10 11 12 Cash Assets Totally Clips Hair Salon September 2022 Accounts Prepaid Receivable + Supplies + Expenses + Equipment = Liabilities Accounts Payable |||||||| ||| || ||||||| | | | | | | | | | | || ||| ||| Olivia Livingston, Capital Owner's Equity + Revenue | | || | || | Expenses ||| |||