P 3. Carmen Dahlen opened a secretarial school called Star Office Training.

a. Dahlen contributed the following assets to the business: Cash $5,700 Computers 5,000 Office Equipment 3,600

b. Found a location for her business and paid the first months rent, $260.

c. Paid for an advertisement announcing the opening of the school, $190.

d. Received applications from three students for a four-week secretarial program and two students for a ten-day keyboarding course. The students will be billed a total of $1,300.

e. Purchased supplies on credit, $330.

f. Billed the enrolled students, $2,040.

g. Purchased a second-hand computer, $480, and office equipment, $380, on credit.

h. Paid for the supplies purchased on credit in e, $330.

i. Paid cash to repair a broken computer, $40.

j. Received partial payment from students previously billed, $1,380.

k. Paid the utility bill for the current month, $90.

l. Paid an assistant one weeks salary, $440.

m. Made a cash withdrawal of $300.

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