Aarone Pandi established the Pandi Data Encoders on December 11, 2021.

The following transactions occurred during the

month:
a. Aarone invested 157,000 cash to start the business.
b. Bought office desks and filing cabinet for cash, 15, 150.
c. Aarone invested in the business his personal computer with a fair market of 57,500.
d. Bought computer software for use in the business from De La Torre Computer Center for 39,000, paying 15,000 down;
the balance is due in thirty days.
e. Paid rent for the month, 5,300.
f. Received cash for services rendered, 5,160.
g. Received and paid bill for advertising from Buy and Sell Newspaper, 3,230.
h. Bought print paper and stationery on account, 2,290.
i. Received and paid electric bill, 1,240.
j. Paid bill for advertising recorded previously in transaction (h).
k. Received cash for services rendered, 10,900.
l. Paid salaries to employees, 8,400.
m. Aarone withdrew cash for personal use, 4,500.

REQUIRED:
1. Establish the following accounts: Cash; Accounts Receivable; Supplies; Office Equipment; Computer Software;
Signage; Accounts Payable; Aarone Capital; Aarone Withdrawals; Service Revenues; Salaries Expense; Advertising
Expense; Rent Expense; Utilities Expense and Miscellaneous Expense.