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TRANSACTIONS 1. Paid $4,200 for utilities. 2. Performed services for $21,000 on account. 3. Received $13,000 from charge account customers. 4. Paid salaries of $9,000

image text in transcribed TRANSACTIONS 1. Paid $4,200 for utilities. 2. Performed services for $21,000 on account. 3. Received $13,000 from charge account customers. 4. Paid salaries of $9,000 to employees. 5. Paid $16,000 to a creditor on account. 6. Owner invested $180,000 in the business. 7. Purchased $53,400 of supplies on account. 8. Purchased equipment for $42,000cash. 9. Paid $12,000 for rent (in advance). 10. Performed services for $15,600 cash

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