Below are the transactions of the company in December $2022$:

Dec

$1$ Issued $1,000$ shares of share capital in exchange for $$10,000$ cash

$2$ Borrowed $$11,000$ from bank by issuing $6-$month notes payable.

$3$ Purchased office supplies that cost $$500$ with $$230$ cash and the

balance on account.

$7$ Paid the dividend of $$400$ declared in October $2022$ which become

due on $7$ December $2022$ to shareholders.

$10$ Billed clients $$3,560$ for agency service performed, with $$2,000$

collected immediately by cash and the balance due in next month.

$13$ Received $$2,000$ from clients in advance for service to be conducted

over the next few months.

$17$ Collected fees receivable of $$5,800$ from a client.

$21$ Issued a check in full payment of the office supplies purchased on $3$

December.

$26$ Declared a dividend of $$400$ to be paid on $24$ February $2023.$

$30$ Paid December$$s salary expense of $$1,790$ and settled all salary

payable outstanding.Below are the transactions of the company in December $2022$:

Dec $1$ Issued $1,000$ shares of share capital in exchange for $$10,000$ cash

$2$ Borrowed $$11,000$ from bank by issuing $6-$month notes payable.

$3$ Purchased office supplies that cost $$500$ with $$230$ cash and the

balance on account.

$7$ Paid the dividend of $$400$ declared in October $2022$ which become

due on $7$ December $2022$ to shareholders.

$10$ Billed clients $$3,560$ for agency service performed, with $$2,000$

collected immediately by cash and the balance due in next month.

$13$ Received $$2,000$ from clients in advance for service to be conducted

over the next few months.

$17$ Collected fees receivable of $$5,800$ from a client.

$21$ Issued a check in full payment of the office supplies purchased on $3$

December.

$26$ Declared a dividend of $$400$ to be paid on $24$ February $2023.$

$30$ Paid December$$s salary expense of $$1,790$ and settled all salary

payable outstanding.

$($b$)$ Post the journal entries to the T$-$accounts