Billy opened Campus Dry-cleaning Service Inc. on September 1, 2020. During the first month of operations, the following transactions occurred.

Sept. 1 Stockholders invested $20,000 cash in the business to purchase the firms common stock.

2. The company paid $1,000 cash for store rent for September.

3. Purchased washers and dryers of $25,000, paying $10,000 in cash and signing a $15,000, 6-

month, 12% for a one-year note payable.

4.Paid $1,200 for one-year accident insurance policy.

10. Received a bill from Daily News for advertising the opening of the Dry-cleaning company.

20. Declared and paid a cash dividend to stockholders $700.00.

30. The company determined that cash receipts for laundry services for the month were $6,200.

Journalize the September Transactions