Problem Set A PROBLEM 3-1A The chart of accounts of the Barnes School is shown here, followed Oct. 1 Bought liability insurance for one year, $1,850,Ck. No. 1527. 3 Received a bill for advertising from Business Summary, \$415. 4 Paid the rent for the current month, \$1,870, Ck. No. 1528. 7 Received a bill for equipment repair from Fix-It Service, $318, Inv. No. 436 Oct. 10 Received and deposited tuition from students, $6,375. 11 Received and paid the telephone bill $312,Ck. No. 1529. 15 Bought desks and chairs from The Oak Center, $1,980, paying $980 in cash and placing the balance on account, Ck. No. 1530. 18 Paid on account to Business Summary, \$415, Ck. No. 1531. 21 R. Barnes withdrew $1,000 for personal use, Ck. No. 1532. 24 Received a bill for gas and oil from Wagner Oil Company, \$225, Inv. No. 682. 25 Received and deposited tuition from students, $6,380. 27 Paid the salary of the part-time office assistant, $1,150. Ck. No. 1533. 28 Bought a photocopier on account from Gorst Office Machines, \$1,950, Inv. No. 417. 29 Received $950 tuition from a student who had charged the tuition on account in September. 30 Received and paid the bill for utilities, \$623, Ck. No. 1534. 31 Paid for flower arrangements for front office, \$87, Ck. No. 1535. 31 R. Barnes invested his personal computer and printer, with a fair market value of $1,549, in the business. Required Record these transactions in the general journal, including a brief explanation for each