Skyler Hill recently started her own shoe repair business. Transactions for the first month of operations (November 2016) are as follows. 1) Skyler invested $11,800 cash in the business. 2) Paid two months of rent for $1,200 in advance. 3) Purchased store equipment worth $2,400 with cash. 4) Incurred business registration expenses, paid with $630 cash. 5) Paid travel expenses with $1,280 cash. 6) Received $2,780 cash from customers for shoe repair services performed during the month. 7) Provided shoe repair services worth $1,540 on account. 8) Paid $1,400 to an assistant. 9) Borrowed $1,790 cash from the bank. 10) Received $810 in bills for utilities to be paid next month. 11) Skyler withdrew $550 cash for personal purposes. 12) Received $480 payment from a customer owing for service provided earlier this month.

Skyler Hill recently started her own shoe repair business. Transactions for the first month of operations (November 2016) are as follows. 1) Skyler invested $11,800 cash in the business. 2) Paid two months of rent for $1,200 in advance. 3) Purchased store equipment worth $2,400 with cash. 4) Incurred business registration expenses, paid with $630 cash. 5) Paid travel expenses with $1,280 cash. 6) Received $2,780 cash from customers for shoe repair services performed during the month 7) Provided shoe repair services worth \$1,540 on account. 8) Paid $1,400 to an assistant: 9) Borrowed $1,790 cash from the bank. 10) Received $810 in bilk for utilities to be paid next month. 11) Skyler withdiew 5550 cash for personal purposes 12) Received $480 payment from a customer owing for service provided earlier this month