roblem 1 On September 1, 2020 Fauci Company had the following account balances Cash $22,000; Accounts Receivable $28.000; Supplies $3,000; Equipment $37000, Accounts Payable $18.000 The following transactions occurred in sequence during September Sent out bills to clients for work done, $2,000. Received checks $6,000 for clients for work previously completed. Received $1,250 from a client for work immediately done. Received a check for $1,400 as an advance payment Paid on overdue bill, $825. Paid personal expenses from the business checking account, 57,600. Received a bill from Lab Test Corp, which analyzes blood samples, $550. Fauci will pay this bill next month. Bought a computer on account, $1,600. Paid the following: September rent, $3,500 and the telephone bill, $250. A physical count of the supplies on September 30 indicates $400 remain on hand. Required: What was the Capital balance on September 1, 2020 (the opening owner's equity amount)? Prepare the journal entries for "A" through "J