Question 1 of 1 Barbara Jones opened Jones Interior Decorating Service on July 1, 2022. During July, the company completed the following transactions July 1 Invested $16,400 cash in the business 1 Purchased a used sewing machine for $10,400, paying $2,800 cash and the balance on account. 3 Purchased supplies for $800 on account. 5 Paid $1,836 on a 1-year insurance policy, effective July 1. 12 Billed customers $3,900 for decorating services. 18 Paid $1,200 of amount owed on sewing machine, and $290 of amount owed on supplies. 20 Paid $1,600 for employee salaries. 21 Collected $1,700 from customers billed on July 12 25 Billed customers $1.500 for decorating services. 31 Paid utilities for the month, $300. 31 Withdrew $600 cash for personal use. (a) -/100