Question: Abdo Salem opened a computer consulting business called Capital Consultants. The company completed the following transactions during the month of January 2 0 2 4

Abdo Salem opened a computer consulting business called Capital Consultants. The company completed the following transactions during the month of January 2024:
Jan 1. Mr. Salem invested in the business $25,000 in cash.
Purchased office supplies for $250.
Purchase office equipment for $6500 on account.
Completed a consulting service for a client and immediately received $3,500 fees in cash.
Completed a $5,000 project for a client, who will pay in 30 days.
Paid $2000 of his liability created on January
Received $780 advertising bill, will be paid later.
 Abdo Salem opened a computer consulting business called Capital Consultants. The

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