What is the journal entry for the following below?Invested 30,000 cash and equipment valued at 14,000 in the business.Hired administrative assistant at a salary of 290 per week payable monthly.Purchased supplies on account for 700.Paid office rent 600 for the month.Completed a tax assignment and billed client 1100 for services rendered.Received 3200 advance on a management consulting engagement.Received cash of 2300 for services completed.Paid insurance expense 110Paid administrative assistant 1160 for the month.A count of supplies indicated that 120 of supplies had been used.Purchased a new computer for 5100 with personal funds (the computer for business purposes
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