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8/1 You invested $14,000 in exchange for common stock to start Central Advertising Inc. 8/4 Purchased 3 months of insurance for $750 cash. 8/7 Purchased

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8/1 You invested $14,000 in exchange for common stock to start Central Advertising Inc. 8/4 Purchased 3 months of insurance for $750 cash. 8/7 Purchased $5,000 of computer equipment by paying $1,000 in cash and signing a one year note payable for the rest. 8/10 Purchased $2,000 of advertising supplies on account. 8/13 A customer paid $7000 for advertising services to be performed in the future. 8/17 Received a utility bill for $750 and paid it in cash. 8/20 A customer paid $5,000 in cash for advertising services performed today. 8/23 Paid half of the accounts payable from 8/10 8/25 Performed advertising services and charged the customer $9,000 on account (to be paid later). 8/28 Received half the balance from the 8/25 customer in cash. 8/31 Paid $2,000 in dividends. Cash Accounts Receivable Prepaid Insurance Advertising Supplies Equipment Accounts Payable Uneamed Revenue Notes Payable Common Stock Retained Earnings Dividends Advertising Revenue Utbility Expense LLLLLLL

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