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Shanise invested $40,000 to start Fox consulting services. Shanise performed $5,000 of services on account. Shanise purchased equipment for $1, 800 by paying $500 at

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Shanise invested $40,000 to start Fox consulting services. Shanise performed $5,000 of services on account. Shanise purchased equipment for $1, 800 by paying $500 at the time and agreeing, to pay the balance in 10 days. Shanise collected $3, 200 on account for services performed last month. Shanise received but did not pay the monthly telephone bill, $325. Shanise received an advanced payment of $6,000 for services to be perform Shanise paid the balance due for the equipment purchased in transaction "C". Shanise paid 3 years rent in advance, $6,000

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