Taylor Smith is a singer who has experienced international success in her career. On May $1,2023,$ Taylor started her business, Glitter

and Gold Studio, where she teaches singing. The following activities occurred during July, the third month of operations:

July $1$ Purchased supplies including sheet music on credit for $$150.$

$2$ Collected $$6,000$ in advance for singing lessons to be delivered in August.

$3$ Collected $$3,000$ for teaching singing lessons in July.

$4$ Paid $$4,000$ to rent her music studio for the month of July.

$5$ Paid $$450$ for supplies purchased on account last month.

$15$ Taylor Smith withdrew cash of $$300$ to do some personal shopping on the weekend.

$20$ Paid her assistant wages of $$2,300.$

$31$ Purchased new microphone equipment on credit for $$800.$

Required:

$1.$ Prepare journal entries to record the July transactions.