Business transactions completed by Hao Lee during the month of September are as follows.

Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements.

September $1$ Lee invested $$90,000$ cash along with office equipment valued at $$26,000$ in exchange for common stock of a new company namred HL Consulting.

September $3$ The company purchased land valued at $$44,000$ and a building valued at $$161,000.$ The purchase is paid with $$31,000$ cash and a long$-$term note payable for $$174,000.$

September $5$ The company purchased $$3,000$ of office supplies on credit.

September $7$ Lee invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $$18,500$ and is to be used exclusively in the business.

September $9$ The company purchased $$6,600$ of additional office equipment on credit.

September $11$ The company paid $$2,100$ cash salary to an assistant.

September $13$ The company provided services to a client and collected $$4,900$ cash.

September $15$ The company paid $$1,000$ cash for this month's utilities.

September $17$ The company paid $$3,000$ cash to settle the account payable created on September $5.$

September $19$ The company purchased $$20,500$ of new office equipment by paying $$20,500$ cash.

September $21$ The company completed $$6,600$ of services for a client, who must pay within $30$ days.

September $23$ The company paid $$2,100$ cash salary to an assistant.

September $25$ The company received $$5,000$ cash in partial payment on the receivable created on September $21.$

September $27$ The company paid $$3,000$ cash in dividends.

$\backslash$table$[[$Requirement$,\backslash$table$[[$General$],[$Journal$]],\backslash$table$[[$General$],[$Ledger$]],$Trial Balance,$\backslash$table$[[$Income$],[$Statement$]],\backslash$table$[[$St Retained$],[$Earnings$]],$Balance Sheet

$\backslash$table$[[$Impact on$],[$Equity$]]]]$

Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate.