Jan. $5$ Received $$60,000$ from Sophia LeBron and issued $12,000$ common shares of $$5$ par value.

Jan $5$ Paid $$6,000$ of general liability and property insurance. The disbursement by Check No$.100$ was for

a complete year of service.

Jan $6$ Rented an office and furniture for $$2,000$ per month. Issued Check No$.101$ for $$6,000,$

representing the first and last months' rent and the security deposit. $($The security deposit $($debit

Deposits$),$ the last month's rent, and the current rent are to be classified separately.$]$

Jan $7$ Issued Check No$.102$ for $$1,600$ for the purchase of office supplies.

Jan $7$ Issued Check No$.103$ for $$7,000$ for advertising to be run in local newspapers and magazines in the

month of January.

Jan $10$ Roxana Perini engaged My Place, House of D$$cor to renovate her oceanfront condominium.

Received $$10,000$ from Roxana Perini after services were completed.

Jan. $12$ Recorded $$6,000($net $30)$ decorating fees earned on account from Maribel Thompson to

remodel her office.

Jan $20$ Received $$8,000$ from Frederick Lombart, a customer. These fees were related to services

rendered to improve his office's lobby.

Jan $25$ Recorded $$12,000($net $60)$ decorating fees revenue earned on account from Roberto Andriani, a

long$-$time customer who wanted to enhance his residence's decor

Jan $30$ issued Check No$.104$ for $$190$ to pay the utilities bill for the month

Jan $30$ issued Check No$.105$ for $$300$ in payment of the telephone bill for the montr

Jan $30$ Issued Check No$.106$ for $$200$ for postage

Jan $30$ Issued Check No$.107$ for $$450$ for business automobile expenses

Jan $30$ issued Check No$.108$ for $$5,600$ to Sophia LeBron for salary. $($Payroll taxes are not considered in

this entry. Transactions in later months will show you how to journalize payroll tax deductions and

expenses.$)$

Adjusting Entries a$)$ Expired insurance for the period, $$500.$ b$)$ Supplies on hand at the end of the month, $1000$

what are the total expenses, total revenue and total income $($loss$)$