Journalizing and Posting Transactions Federov Testing Inc. provides water testing and maintenance services for owners of hot tubs and swimming pools. During September the following transactions occurred:

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1. Prepare a journal entry for each transaction.
2. Post the journal entries to Federov Testing's T-accounts.

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Sept. 2 5 8 13 18 Issued common shares for $12,000 Purchased chemical supplies for $1,480 cash Paid office rent for October, November, and December; the rent is $600 per month Purchased $895 of advertising for September on account Billed the City of Bell River $4,200 for testing the water in the city's outdoor pools during September Received $6.850 from Alexander Blanchard upon completion of overhaul of his swimming pool water circulation system. Since the job was completed and collected for on the same day, no bill was sent to Blanchard. 25 Received $495 from the City of Bell River for water testing that was previously billed 30 Recorded and paid September salaries of $4,320