JOURNALIZING TRANSACTIONS Monroe Company rents electronic equipment. During September 2009, Monroe engaged in the transactions described below.

Sept. 5 Purchased a Chevrolet truck for $32,000 cash 8 Purchased Sony amplifiers for $2,500 on account 10 Purchased $1,750 of office supplies on credit 11 Rented sound equipment to a traveling stage play for $15,000. The producer of the play paid for the service at the time it was provided.

12 Rented sound equipment and lights to a local student organization for a school dance for $5,100. The student organization will pay for services within 30 days.

Sept. 18 Paid employee wages of $4,300 that have been earned during September 22 Collected the receivable from the September 12 transaction 23 Borrowed $12,800 cash from a Citibank on a three-year note payable 28 Sold common stock to new stockholders for $35,750 30 Paid a $3,850 cash dividend to stockholders Required:

Prepare a journal entry for each transaction.