The accountant for the firm owned by Vin Nguyen prepares financial statements at the end of each month. Transactions: Nguyen invested $155,000 in cash to start the business. Paid $5,500 for the current months rent. Bought furniture for $16,220 in cash. Performed services for $7,700 in cash. Paid $1,200 for the monthly telephone bill. Performed services for $13,500 on credit. Purchased equipment, a computer and copier, for $37,000; paid $12,500 in cash immediately with the balance due in 30 days. Received $6,750 from credit clients. Paid $3,500 in cash for office cleaning services for the month (debit miscellaneous expense). Purchased furniture, office chairs, for $5,300; received credit terms of 30 days. Purchased equipment for $35,000 and paid half