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Bridgeport Corp. provides security services. Selected transactions for Bridgeport Corp. are presented below. Oct. 1 Issued common stock in exchange for $52,800 cash from

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Bridgeport Corp. provides security services. Selected transactions for Bridgeport Corp. are presented below. Oct. 1 Issued common stock in exchange for $52,800 cash from investors. 2 Hired part-time security consultant. Salary will be $1,600 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $1,600. 7 Purchased equipment for $14,400, paying $3,200 cash and the balance on account. 8 Paid $700 for advertising. 10 Received bill for equipment repair cost of $320. 12 Provided security services for event for $2,600 on account. Purchased supplies for $330 on account. 16 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $118. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4,100.

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