Monilast Chemicals engaged in the following transactions during December 2019:
Dec. 2 Paid rent on office furniture, $1,200.
3 Borrowed $25,000 on a 9-month, 8% note.
7 Provided services on credit, $42,600.
10 Purchased supplies on credit, $2,850.
13 Collected accounts receivable, $20,150.
19 Issued common stock, $50,000.
22 Paid employee wages for December, $13,825.
23 Paid accounts payable, $1,280.
25 Provided services for cash, $13,500.
30 Paid utility bills for December, $1,975.
Required:
Prepare a journal entry for each transaction.