Will give thumbs up!

During the last several months, Peyton served as a guest disc jockey on a local radio station. In addition, Peyton has entertained at several friends' parties as the host deejay. entered into the following transactions: June 1. Deposited $4,000 in a checking account in the name of PS Music. 2. Received $3,500 from a local radio station for serving as the guest disc jockey for June. 2. Agreed to share office space with a local real estate agency, Pinnacle Realty. PS Music will pay onefourth of the rent. In addition, PS Music agreed to pay a portion of the wages of the receptionist and to pay one-fourth of the utilities. Paid $800 for the rent of the office. 4. Purchased supplies from City Office Supply Co. for $350. Agreed to pay $100 within 10 days and the remainder by July 5,20Y9. 6. Paid $500 to a local radio station to advertise the services of PS Music twice daily for two weeks. 8. Paid $675 to a local electronics store for renting digital recording equipment. 12. Paid $350 (music expense) to Cool Music for the use of its current music demos to make various music sets. 13. Paid City Office Supply Co. $100 on account. 16. Received $300 from a dentist for providing two music sets for the dentist to play for her patients. 22. Served as disc jockey for a wedding party. The father of the bride agreed to pay $1,000 in July. 25. Received $500 for serving as the disc jockey for a cancer charity ball hosted by the local hospital. 29. Paid \$240 (music expense) to Galaxy Music for the use of its library of music demos. 30. Received $900 for serving as PS disc jockey for a local club's monthly dance. 30. Paid Pinnacle Realty $400 for PS Music's share of the receptionist's wages for June. 30. Paid Pinnacle Realty $300 for PS Music's share of the utilities for June. 30. Determined that the cost of supplies on hand is $170. Therefore, the cost of supplies used during the month was $180. 30. Paid for miscellaneous expenses, $415. 30. Paid $1,000 royalties (music expense) to National Music Clearing for use of various artists' music during the month. 30. Withdrew $500 of cash from PS Music for personal use