For the past several years, Angela Smith operated a part-time consulting business from her home. As of September 1, 2020, Angela decided to move to rented quarters and to operate the business on a full-time basis. She has registered the business as Interactive Consulting Ltd but has no prior knowledge of accounting and has approached a member of your group for advice. The company entered the following transactions during September:   Sept 1.            The following assets were received from Angela Smith in exchange for capital of Interactive Consulting Ltd: cash - $7,050, accounts receivable - $1,500, supplies - $1,250, and office equipment - $7,200. There were no liabilities received. Paid three (3) months rent on a lease rental contract, $3,600.            Paid the premiums on the property and peril insurance policies, $1,500. Received cash from clients as an advance payment for services to be provided in the coming months, $3,500. Purchased additional office equipment on account from Payne Company, $1,800.             Received cash from clients on account, $800. Paid cash for newspaper advertisement, $120. Paid Payne Company a portion of the debt incurred on September 5, $800. Recorded services provided on account for the period September 1 -12, $1,200. Paid part-time receptionist for two weeks’ salary, $400. Recorded cash from cash clients for fees earned during the first half of September, $2,100. Paid cash for supplies, $750. Recorded services provided on account for the period September 13-20, $1,100.              Recorded cash from cash clients for fees earned for the period September 17-24, $1,850. Received cash from clients on account, $1,300. Paid part-time receptionist for two weeks salary, $400. Paid telephone bill for September, $130. Paid electricity bill for September, $200.              Recorded cash from cash clients for fees earned for the period September 25-30, $1,050. Recorded services provided on account for the remainder of September, $500.     Requirement: Journalize each transaction in the general journal referring to the following chart of accounts in selecting the accounts to be debited and credited and include a narration for each transaction:a