Castle Consulting Agency began business in February. The transactions entered into by Castle during its first month of operations are as follows:

a.	Acquired articles of incorporation from the state and issued 20,000 shares of capital stock in exchange for $300,000 in cash.
b.	Paid monthly rent of $700.
c.	Signed a five-year promissory note for $100,000 at the bank.
d.	Purchased software to be used on future jobs. The software costs $850 and is expected to be used on five to eight jobs over the next two years.
e.	Billed customers $13,000 for work performed during the month.
f.	Paid office personnel $4,000 for the month of February.
g.	Received a utility bill of $200. The total amount is due in 30 days.

Required:

Prepare in journal form, the entry to record each transaction.