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Arina Dubon recently started her own cabinet repair business. Transactions for the first month of...

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Accounting

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Arina Dubon recently started her own cabinet repair business. Transactions for the first month of operations (October 2019) are as follows. 1) Arina invested $14,400 cash in the business. 2) Paid two Arina Dubon recently started her own cabinet repair business. Transactions for the first month of operations (October 2019) are as follows. 1) Arina invested $14,400 cash in the business. 2) Paid two months of rent for $900 in advance. 3) Purchased store equipment worth $2,900 with cash. 4) Incurred business registration expenses, paid with $810 cash. 5) Paid travel expenses with $1,250 cash. 6) Received $2,640 cash from customers for cabinet repair services performed during the month. 7) Provided cabinet repair services worth $1,730 on account. 8) Paid $1,210 to an assistant. 9) Borrowed $1,830 cash from the bank. 10) Received $750 in bills for utilities to be paid next month. 11) Arina withdrew $990 cash for personal purposes. 12) Received $330 owing from a customer for service provided earlier this month. Make a balance sheet and an income statement

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