Ariel Sauter has recently opened Sauters Interior Finishing. During the first month in operations the following transactions occurred.

Oct 1 Stockholders invested $50,000 cash in the business in exchange for common stock. Oct 2 Paid $6000 in advance for 3 months rental for his office. Oct 3 Purchased a $2000 computer on account from apple. Oct 4 Purchased a six month liability insurance policy for $1200. Oct 7 Received $1000 cash from a customer for services provided. Oct 9 Purchased $5000 in office supplies in cash. Oct 10 Received $5000 from a client as deposit for work to be completed by Dec. 31st Oct 14 Paid $1500 to Apple toward computer purchased on Oct. 3rd. Oct 15 Perfomed services of $2500 for a customer on account. Oct 20 Paid sales staff $1750 in salaries. Oct 22 Paid $300 for newspaper advertising. Oct 27 Received a payment $1000 from customer for services performed on account. Oct 31 Paid a $750 Dividend to stockholders.

Journalize the October Transactions. Open Ledger accounts and Post transactions. Prepare a Trial Balance as of October 31, 2023