Zhang invested $120,000 cash and office equipment valued at $10,000 in the business.

Purchased a small building for $240,000 to be used as an office. Paid $50,000 in cash and signed a note: payable promising to pay the balance over several years.

Purchased $18,000 of office equipment for cash.

Purchased $4,000 of office supplies and $6,400 of office equipment on credit.

Paid a local online newspaper $4,500 for an announcement that the office had opened.

Completed a financial plan on credit and billed the client $6,000 for the service. o g Designed a financial plan for another client and collected an $8,000 cash fee

h. Zhang withdrew $5,500 cash from the company bank account to pay personal expenses.

Zhang signed a $20,000 contract for the office to be painted in February-2021. A deposit of $6,000 wilbe paidon January 15-2021.

Received $4,000 from the client described in (f).

I. Paid for the equipment purchased in (d).

I. Paid $3,800 cash for the administrative assistant's wages.