Yvette 's Yoga engaged in the following transactions during March 2020, its first month of operations.

March 1The business received a $31,000 cash investment from Yvette Gregore to start Yvette's Yoga.

March 1 Paid $4,500 cash to rent a yoga studio for the month of March.

March 4 Purchased studio supplies for $2,000 on account.

March 6 Presented a wellness seminar for a corporate customer and received cash, $5,800.

March 9 Paid $300 on accounts payable.

March 17 Taught yoga classes for customers on account, $2,300.

Record the transactions in the journal of Yvette's Yoga. Key transactions by date and include an explanation for each entry.

Mar. 1. The business received a $31,000 cash investment from Yvette Gregore to start Yvette's Yoga. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)