Timothy Monroe opened a law office on January 1, 2017. During the first month of operations, the business completed the following transactions: Jan. 1 Monroe contributed $62, 000 cash to the business, Timothy Monroe, Attorney. The business gave capital to Monroe. 3 Purchased office supplies, $500, and furniture, $2, 000, on account. 4 Performed legal services for a client and received $1, 600 cash. 7 Purchased a building with a market value of $70, 000, and land with a market value of $29, 000. The business paid $35, 000 cash and signed a note payable to the bank for the remaining amount. 11 Prepared legal documents for a client on account, $300. 15 Paid assistants semimonthly salary, $1, 180. 16 paid for the office supplies purchased on January 3 on account. 18 Received $2, 000 cash for helping a client sell real estate. 19 Defended a client in court and billed the client for $1, 400. 25 Received a bill for utilities, $550. The bill will be paid next month. 29 Received cash on account, $700. 30 Paid $840 cash for a 12-month insurance policy starting on February 1. 30 Paid assistant's semimonthly salary, $1, 180. 31 Paid monthly rent expense, $1, 300. 31 Monroe withdrew cash of $2, 900. Record each transaction in the journal, using the following account titles: Cash; Accounts Receivable Office Supplies; Prepaid Insurance; Furniture; Building; Land; Accounts Payable; Utilities Payable; Notes Payable Monroe; Capital Monroe; Withdrawals; Service Revenue; Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required