A summary of Agg Corporations transactions during September 2020 is reproduced below. State which of the events would be recorded on the income statement for September.

a. The owners needed additional funds, and they borrowed $200,000 from the bank

b. The firm collected $20,000 on account from a credit sale made in August

c. Cash Sales during September totaled $5,000

d. The firm received its September utility bill of $75

e. The firm paid its August utility bill of $67

f. The firm made sales on account in September totaling $7,500

g. A dividend of $500 was declared and paid in September