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tomqmmthI-l Initial investment by Jannelle Richards, $25,999. Purchased office supplies for $1,599, on credit. Paid $4,599 on a 6-month office rental contract. Purchases $9,999 of

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tomqmmthI-l Initial investment by Jannelle Richards, $25,999. Purchased office supplies for $1,599, on credit. Paid $4,599 on a 6-month office rental contract. Purchases $9,999 of furniture, on account. Paid $6,999 for a new computer (Equipment). Received $9,699 in cash from. Sales on account totaled $5,199. Received $3,999 cash advance from a customer. Paid assistant $1,999 for 2weeks wages. Paid telephone bill for the month of $359. Received utility bill from APS for $299. Collected cash from credit sales of $3,299. Recorded rental expense for first month, $759. Received $6,999 in cash from sales. Paid assistant $1,999 for 2-weeks wages. Paid vendor $5,999 on account. withdrew $12,999 for personal use. Account Name Debit Amount Account Name Credit Amount

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