Assets Liab. Equity Retained Earnings Cash A/R + OffA/P Com. Div. + Serv - Rent Exp. O2800 0 2400+ 201002400700- 05200 0 201002400700- 05200 0350 0 4 0+5200 0 5 19275+2400700 018000 05200 0 4 2400+ 21675 05200 -2400 -2400 05200 05200 0475 01 +1 7800 2500 2500 2400 0475 18000 2400 More Info Dec 1 Received $18,000 cash from Chase in exchange for common stock. 2 Received $2,800 cash from customers for services performed. 5 Paid S700 cash for office supplies. 9 10 15 20 25 28 28 30 31 Performed services for a customer and billed the customer for services rendered, $2,400 Received $350 invoice for utilities due in two weeks. Paid for advertising in the local paper, $475 Paid utility invoice received on December 10 Collected cash in full from customer billed on December 9 Paid rent for the month, $2,400 Paid $1,150 to assistant for wages. Received $2,600 cash from customers for services performed. Cash dividends of $2,500 were paid to stockholders PnntDOne