Beck invested $20,000 cash in her business
Hired a secretary-receptionist at a salary of $2,000 per month.
Purchased $2,500 of supplies on account from Tinio Supply Company.
Paid offi ce rent of $900 cash for the month.
Completed a tax assignment and billed client $3,200 for services performed.
Received $3,500 advance on a management consulting engagement.
Received cash of $1,200 for services performed for Misra Co.
Paid secretary-receptionist $2,000 salary for the month.
Paid 60% of balance due Tinio Supply Company.