1 INVESTED $400,000 CASH FOR COMMON STOCK 2 PURCHASED LAND FOR CASH OF $55,000 3 RECEIVED $35,000 CASH FROM A NOTES PAYABLE 4 PURCHASED EQUIPMENT FOR $59,000 with $5,000 CASH, REMAINING ON ACCOUNT 5 PAID RENT FOR $2,300 CASH 6 PURCHASED $4,000 IN SUPPLIES IN CASH 7 INCURRED ADVERTISING EXPENSE $1,800 ON ACCOUNTS PAYABLE 8 PERFORMED SERVICES $46,000, RECEIVED $6,000 CASH, BALANCE ON ACCOUNT 9 PAID $2,200 CASH ON DIVIDENDS O PREPAID INSURANCE FOR 2 YEARS OF $4,800 1 PAID $4,000 CASH FOR UTILITIES 12 PAID $3,400 FROM ACCOUNTS PAYABLE 13 PAID $290 ON INTEREST EXPENSE 14 INCURRED SALARIES & WAGES PAYBLE FOR 3 OUT OF 5 DAYS FOR 2 EMPLOYEES AT $800 EACH AND PAID CASH OF $6,200 IN 15 RECEIVED $28,000 CASH FROM ACCOUNTS RECEIVABLE 16 RECEIVED $7,000 CASH FOR FUTURE SERVICES 17 REMAING BALANCE ON ACCOUNT OF SUPPLIES IS $1,500 18 EXPENSED UTILITIES ON ACCOUNT FOR $450.00 19 INSURANCE EXPENSED FOR 1 MONTH 20 EQUIPMENT DEPRECIATION IS OF A 5 YEAR SCHEDULE, INDICATE EXPENSE FOR THE MONTH 21 PERFORMED SERVICES FOR $5,000 ON ACCOUNT