Rafael Masey transferred cash from a personal bank account to an account to be used for the business, $17,500.
Purchased supplies on account, $2,300.
Earned fees, receiving cash, $13,300.
Paid rent on office and equipment for the month, $3,000.
Paid creditor on account, $1,150.
Withdrew cash for personal use, $1,800.
Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $400.
Paid office salaries, $2,800.
Determined that the cost of supplies used was $1,050.