Bentley Corporation is a point of sale software and service provider and also sells computer merchandise. The corporation was formed on March 8, 1991. Below are selected transactions that were completed during September 2023. Prepare the journal entry on Bentley's books for each of the following transaction, referencing the journal entry by letter. If an event is not a transaction, record No Transaction.

1. September 1 -Bentley Corporation issued additional shares of common stock to the public. The shareholders invested $490,000 cash and received 27,500 shares of $0.01 par value common stock.
2. September 1 - Paid rent on the building for the months of September, October and November totaling $9,600.
3. September 3 Hired a Director of Operations that will earn $10,000 per month in salary and will start on October 1.
4. September 4 Purchased property, plant and equipment: paid $17,852 in cash and signed a short-term note of $3,271.
5. September 5 Merchandise inventory, ordered on September 3, was delivered along with a bill for $42,500.
6. September 15 As an incentive to maintain customer loyalty, Bentley offered customers a discount by prepaying next months software maintenance. Bentley received $8,400 from customers who took advantage of the discount.
7. September 21 - From the inventory in stock, sold merchandise on account for $22,500. The merchandise inventory that was sold cost Bentley $16,000.
8. September 30 - Employees earned $47,200 during the last week of September and will be paid during the next pay cycle, which will be October 5.
9. September 30 - Declared $27,500 in dividends that will not be paid until October 20.
10. September 30 Due to system errors at the utility company, Bentley did not receive an invoice for Septembers utilities usage. Bentley called the utility company and was told that an invoice is not expected to be generated until late October due to the inability to calculate an accurate billing. The utility bills in July and August 2023 were $1,100, $1,220, respectively.
11. September 30, Bentley paid vendors $3,700 on accounts payable on August inventory purchases and paid $1,220 on utilities accrued in August. Note to students: For this transaction K, prepare the entry/entries made in August 2023.

Required:

On the journal entry template on the page below, prepare journal entries for each transaction above for the month of September 2023 (except for K which is for the month of August 2023).