December Transactions: Dec. 2 Paid rent on office furniture, $1,800. 3 Borrowed $28,000 on a 9-month, 8% note. 7 Provided services on credit, $42,500. 10. Purchased supplies on credit, $2,900. 13 Collected accounts receivable, $20,600. 19 Issued common stock, $70,000. 22 Paid employee wages for December, $13,825. 23 Paid accounts payable, $1,220. 25 Provided services for cash, \$13,200. 30 Paid utility bills for December, $1,750. Account receivables Cash Common Stock wages Cash Account payables Cash Cash Service Revenue Utilities Expense Cash