Sharon Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April 2 2 3 7 11 12 17 21 30 30 30 Invested $31,120 cash and equipment valued at $16,310 in the business. Hired an administrative assistant at a salary of $287 per week payable monthly. Purchased supplies on account $577. (Debit an asset account.) Paid office rent of $662 for the month. Completed a tax assignment and billed client $1,176 for services rendered. (Use Service Revenue account.) Received $3,140 advance on a management consulting engagement. Received cash of $2,621 for services completed for Ferengi Co. Paid insurance expense $129. Paid administrative assistant $1,148 for the month. A count of supplies indicated that $106 of supplies had been used. Purchased a new computer for $7,164 with personal funds. (The computer will be used exclusively for business purposes.)

Sharon Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April Invested $31.120 cash and equipment valued at $16,310 in the business. 2 2 Hired an administrative assistant at a salary of $287 per week payable monthly. 3 Purchased supplies on account \$577. (Debit an asset account) 7 Paid office rent of $662 for the month. 11 Completed a tax assignment and billed client \$1,176 for services rendered. (Use Service Revenue account) 12 Received $3,140 advance on a management consulting engagement. 17 Received cash of $2,621 for services completed for Ferengi Co. 21 Paid insurance expense $129. 30 Paid administrative assistant $1,148 for the month. 30 A count of supplies indicated that $106 of supplies had been used. 30 Purchased a new computer for $7,164 with personal funds. (The computer will be used exclusively for business purposes) Sharon Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April Invested $31.120 cash and equipment valued at $16,310 in the business. 2 2 Hired an administrative assistant at a salary of $287 per week payable monthly. 3 Purchased supplies on account \$577. (Debit an asset account) 7 Paid office rent of $662 for the month. 11 Completed a tax assignment and billed client \$1,176 for services rendered. (Use Service Revenue account) 12 Received $3,140 advance on a management consulting engagement. 17 Received cash of $2,621 for services completed for Ferengi Co. 21 Paid insurance expense $129. 30 Paid administrative assistant $1,148 for the month. 30 A count of supplies indicated that $106 of supplies had been used. 30 Purchased a new computer for $7,164 with personal funds. (The computer will be used exclusively for business purposes)