Transaction 1: On January 1, 2011, Carol Finlay formed a new interior-design business by investing $10,000 of her personal funds into the business. The cash was deposited into a bank account opened under the name of Finlay Interiors. The following transactions took place from January 1 to January 31: Transaction 2: On January 1, Finlay Interiors used $2,500 of its cash to purchase supplies Transaction 3: On January 1, Finlay Interiors purchased additional supplies at a cost of $1,100 and furniture at a cost of $6,000, ON CREDIT from CanTech Supply Company. Finlay Interiors will pay for the supplies in 30 days, but has arranged to pay for the furniture by signing a note payable. Transaction Transaction 4: On January 10, Finlay Interiors provided consulting services to a dentist and immediately collected $2,200 cash. Transaction 5: On January 10, Finlay Interiors paid $1,000 rent for the month of January. Transaction 6: On January 14, Finlay Interiors paid $700 salary to the business's only employee Transaction 7: On January 14, a customer and Carol Finlay sign a $65,000 contract that requires Finlay Interiors to do the interior design for an office building currently under construction. Finlay Interiors is expected to perform the services during February and March. Transaction 8: On January 15, Finlay Interiors provided consulting services and rented furniture to a customer and billed the customer $1,600 for the consulting services and $300 for the rental of the office furniture. Transaction 9: On January 25, 10 days after billing the customer in transaction #8, received full payment from that customer. Transaction 10: On January 25, Finlay Interiors paid $900 of the amount owing to Can Tech Sunnly Company Transaction 1: On January 1, 2011, Carol Finlay formed a new interior-design business by investing $10,000 of her personal funds into the business. The cash was deposited into a bank account opened under the name of Finlay Interiors. The following transactions took place from January 1 to January 31: Transaction 2: On January 1, Finlay Interiors used $2,500 of its cash to purchase supplies Transaction 3: On January 1, Finlay Interiors purchased additional supplies at a cost of $1,100 and furniture at a cost of $6,000, ON CREDIT from CanTech Supply Company. Finlay Interiors will pay for the supplies in 30 days, but has arranged to pay for the furniture by signing a note payable. Transaction Transaction 4: On January 10, Finlay Interiors provided consulting services to a dentist and immediately collected $2,200 cash. Transaction 5: On January 10, Finlay Interiors paid $1,000 rent for the month of January. Transaction 6: On January 14, Finlay Interiors paid $700 salary to the business's only employee Transaction 7: On January 14, a customer and Carol Finlay sign a $65,000 contract that requires Finlay Interiors to do the interior design for an office building currently under construction. Finlay Interiors is expected to perform the services during February and March. Transaction 8: On January 15, Finlay Interiors provided consulting services and rented furniture to a customer and billed the customer $1,600 for the consulting services and $300 for the rental of the office furniture. Transaction 9: On January 25, 10 days after billing the customer in transaction #8, received full payment from that customer. Transaction 10: On January 25, Finlay Interiors paid $900 of the amount owing to Can Tech Sunnly Company