S$.$ Rolt, a graphic artist, opened a studio for her professional practice on August $1.$ The account headings are presented below. Transactions completed during the month follow.

a$.$ Rolt deposited $$29,000$ in a bank account in the name of the business.

b$.$ Bought office equipment on account from Starkey Equipment Company, $$4,060.$

c$.$ Rolt invested her personal photographic equipment, $$5,760,$ in the business. $($Increase the account Photo Equipment and increase the account S$.$ Rolt, Capital.$)$

d$.$ Paid the rent for the month, $$2,300,$ Ck$.$ No$.1000($Rent Expense$).$

e$.$ Bought supplies for cash, $$270,$ Ck$.$ No$.1001.$

f$.$ Bought insurance for two years, $$2,080,$ Ck$.$ No$,1002.$

g$.$ Sold graphic services for cash, $$3,425($Professional Fees$).$

h$.$ Paid the salary of the part$-$time assistant, $$976,$ Ck$.$ No$.1003($Salary Expense$).$

i$.$ Received and paid the bill for telephone service, $$152,$ Ck$.$ No$.1004($Telephone Expense$).$

j$.$ Paid cash for minor repairs to graphics equipment, $$220,$ Ck$.$ No$,1005($Repair Expense$).$

k$.$ Sold graphic services for cash, $$3,761($Professional Fees$).$

I. Paid on account to Starkey Equipment Company, $$665,$ Ck$.$ No$.1006.$

m$.$ Rolt withdrew cash for personal use, $$2,800,$ Ck$.$ No$.1007.$

Required:

Record the transactions and the balance after each transaction.

After all transactions have been entered, enter the total assets and the total liabilities plus owner's equity in the entry boxes below the transactions. If the two totals are not equal, check the addition and subtraction. If you still cannot find the error, re$-$analyze each transaction.