Taccounts (accounting).guttery invested $80,000 in cash to start the business. paid $3,000 for the current month’s rent. bought office furniture for $8,360 in cash. performed services for $4,100 in cash. paid $625 for the monthly telephone bill. performed services for $7,000 on credit. purchased a computer and copier for $19,000; paid $6,500 in cash immediately with the balance due in 30 days. received $3,500 from credit clients. paid $2,000 in cash for office cleaning services for the month. purchased additional office chairs for $2,900; received credit terms of 30 days. purchased office equipment for $20,000 and paid half of this amount in cash immediately; the balance is due in 30 days. issued a check for $4,700 to pay salaries. performed services for $7,250 in cash. performed services for $8,000 on credit. collected $4,000 on accounts receivable from charge customers. issued a check for $1,450 in partial payment of the amount owed for office chairs. paid $350 to a duplicating company for photocopy work performed during the month. paid $610 for the monthly electric bill. guttery withdrew $4,500 in cash for personal expenses.