11 Received $ 18,000 cash from Christian in exchange for common stock.

2 Received $ 2,800 cash from customers for services performed.

5 Paid $ 700 cash for office supplies.

9 Performed services for a customer and billed the customer for services rendered, $ 3,500.

10 Received $ 100 invoice for utilities due in two weeks.

15 Paid for advertising in the local paper, $ 375.

20 Paid utility invoice received on December 10.

25 Collected cash in full from customer billed on December 9.

28Paid rent for the month, $ 2,600.

28 Paid $ 1,500 to assistant for wages.

30 Received $ 2,000 cash from customers for services performed.

31 Cash dividends of $ 2,500 were paid to stockholders.

Cash

+

A/R

+

Off.

=

A/P

+

Com.

-

Div.

+

Serv.

-

Rent

-

Util.

-

Sal.

-

Adv.