Selected transactions for Sandra Linke Company during its first month in business are presented below.
Sept. 1 Invested $10,000 cash in the business.
5 Purchased equipment for $12,000 paying $4,000 in cash and the balance on account.
25 Paid $3,000 cash on balance owed for equipment.
30 Withdrew $700 cash for personal use.
Linke’s chart of accounts shows: No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 301 Owner’s Capital, and No. 306 Owner’s Drawings.

Instructions
(a) Journalize the transactions on page J1 of the journal. (Omit explanations.)
(b) Post the transactions using the standard account form.