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3. Journalize transactions, post, and prepare a trial balance. Bob Sample and other student investors opened Campus Carpet Cleaning, Inc. on September 1, 2022. During
3. Journalize transactions, post, and prepare a trial balance. Bob Sample and other student investors opened Campus Carpet Cleaning, Inc. on September 1, 2022. During the first month of operations, the following transactions occurred: Sept. 1 Stockholders invested $20,000 cash in the business. 2 Paid $1,000 cash for store rent for the month of September. 3 Purchased industrial carpet-cleaning equipment for $25,000, paying $10,000 in cash and signing a $15,000 6-month, 12% note payable. 4 Paid $1,200 for 1-year accident insurance policy. 10 Received bill from the Daily News for advertising the opening of the cleaning service, $200. 15 Performed services on account for $6,200. 20 Paid a $700 cash dividend to stockholders. 30 Received $5,000 from customers billed on September 15
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