DATE TRANSACTIONS 20X1 Sept. 1 Zack Mason invested $48,000 in cash to start the firm 4 Purchased office equipment for $5,300 on credit from Den, Inc. ; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $13, 300 in full payment. 20 Purchased supplies for $400; paid immediately with Check 1002. 23 Returned damaged supplies for a cash refund of $110. 30 Issued Check 1003 for $3,100 to Den, Inc., as payment on account for Invoice 9823. 30 Withdrew $1,800 in cash for personal expenses. 30 Issued Check 1004 for $1,100 to pay the rent for October. 30 Performed services for $2,850 in cash. 30 Paid $375 for monthly telephone bill, Check 1005. Cash Accounts Receivable Account No. 111 Account No. 101 Credit Balance Date Debit Date Debit Credit Balance Supplies Account No. 121 Prepaid Rent Date Debit Account No. 137 Credit Balance Date Debit Credit Balance Automobile Account No. 139 Equipment Date Account No. 141 Credit Balance Debit Date Debit Credit Balance Account No. 301 Accounts Payable Date Debit Account No. 202 Credit Balance Zack Mason, Capital Date Debit Credit Balance Fees Income Account No. 401 Zack Mason, Drawing Date Debit Account No. 302 Credit Balance Date Debit Credit Balance Telephone Expense Account No. 517 Salaries Expense Date Debit Account No. 514 Credit Balance Date Debit Credit Balance