Date Account Titles and Explanation Debit Credit Aug. 1 Cash 6,070 Common Stock 6,070 (Issued common stock for cash) 10 Cash 2,830 Service Revenue 2,830 (Received cash for services performed) 12 Equipment 5,100 Cash 800 Notes Payable 4,300 (Purchased office equipment for cash and notes payable) Account Receivable 25 1,610 Service Revenue 1,610 (Billed clients for services performed) 31 Cash 940 Accounts Receivable 940 (Receipt of cash on account) Post the transactions to T-accounts. (Post entries in the order displayed in the problem statement.) Cash Accounts Receivable Equipment Notes Payable Notes Payable Common Stock Service Revenue