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Skyler Walter recently started her own shoe repair business. Transactions for the first month of operations ( January 2 0 1 6 ) are as

Skyler Walter recently started her own shoe repair business. Transactions for the first month of operations (January 2016) are as follows.1) Skyler invested $11,400 cash in the business.2) Paid two months of rent for $1,100 in advance.3) Purchased store equipment worth $3,700 with cash.4) Incurred business registration expenses, paid with $910 cash.5) Paid travel expenses with $1,370 cash.6) Received $2,340 cash from customers for shoe repair services performed during the month.7) Provided shoe repair services worth $2,280 on account.8) Paid $1,220 to an assistant.9) Borrowed $1,050 cash from the bank.10) Received $670 in bills for utilities to be paid next month.11) Skyler withdrew $640 cash for personal purposes.12) Received $300 payment from a customer owing for service provided earlier this month.

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