Bob Sample and other student investors opened the Campus Laundromat Inc. on September 1, 2019. During the first month of operations the following transactions occurred.

Transection date	Transections description
September 1	Stockholders invested RM20, 000 cash in the business.
September 2	Paid RM1, 000 cash for store rent for the month of September.
September 3	Purchased washers and dryers for RM25, 000, paying RM10, 000 in cash and signing a RM15, 000, 6-month, 12% note payable.
September 4	Paid RM1, 200 for one-year accident insurance policy.
September 10	Received bill from the Daily News for advertising the opening of the laundromat $200.
September 15	Determined that cash receipts for laundry fees for the month were $6,200.
September 20	Declared and paid a cash dividend to stockholders $700.
September 30	Received RM5,000 from the customers billed on September 15

Instructions

(a) Journalize the September transactions. (Use J1 for the journal page number.)

(b) Open ledger accounts and post the September transactions.

(c) Prepare a trial balance at September 30, 2019.