| a. | Jenna Aracel, the owner, invested $100,000 cash, officeequipment with a value of $5,000, and $60,000 of drafting equipmentto launch the company. |
| b. | The company purchased land worth $49,000 for an office by paying$6,300 cash and signing a long-term note payable for $42,700. |
| c. | The company purchased a portable building with $55,000 cash andmoved it onto the land acquired inb. |
| d. | The company paid $3,000 cash for the premium on an 18-monthinsurance policy. |
| e. | The company completed and delivered a set of plans for a clientand collected $6,200 cash. |
| f. | The company purchased $20,000 of additional drafting equipmentby paying $9,500 cash and signing a long-term note payable for$10,500. |
| g. | The company completed $14,000 of engineering services for aclient. This amount is to be received in 30 days. |
| h. | The company purchased $1,150 of additional office equipment oncredit. |
| i. | The company completed engineering services for $22,000 oncredit. |
| j. | The company received a bill for rent of equipment that was usedon a recently completed job. The $1,333 rent cost must be paidwithin 30 days. |
| k. | N/A Ignore this. |
| l. | The company paid $1,200 cash for wages to a draftingassistant. |
| m. | N/A Ignore this. |
| n. | The company paid $925 cash for minor maintenance of itsdrafting equipment. |
| o. | Jenna Aracel withdrew $9,480 cash from the company for personaluse. |
| p. | The company paid $1,200 cash for wages to a draftingassistant. |
| q. | The company paid $2,500 cash for advertisements on the Webduring June. |
