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Doris Stanford started her practice as a design consultant on September 1,2017. During the first month of operations, the business completed the following transactions: (Click

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Doris Stanford started her practice as a design consultant on September 1,2017. During the first month of operations, the business completed the following transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Furniture; Land; Accounts Payable; Utilities Payable; Unearned Revenue; Stanford, Capital; Stanford, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Sep. 1: Received $46,000 cash and gave capital to Stanford. Sep. 1 Received $46,000 cash and gave capital to Stanford. 4 Purchased office supplies, $400, and furniture, $1,700, on account. 6 Performed services for a law firm and received $1,500 cash. 7 Paid $25,000 cash to acquire land to be used in operations. 10 Performed services for a hotel and received its promise to pay the $1,700 within one week. 14 Paid for the furniture purchased September 4 on account. 15 Paid assistant's semimonthly salary, $1,460. 17 Received cash on account, $1,300. 20 Prepared a design for a school on account, $450. Paid assistant's semimonthly salary, $1,460. Received cash on account, $1,300. Prepared a design for a school on account, $450. Received $2,000 cash for design services to be performed in October. Received $2,900 cash for consulting with Plummer \& Gorden. Paid $1,080 cash for a 12-month insurance policy starting on October 1. Paid assistant's semimonthly salary, $1,460. Paid monthly rent expense, $450. Received a bill for utilities, $350. The bill will be paid next month. Stanford withdrew cash of $3,000. 1. Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Furniture; Land; Accounts Payable; Utilities Payable; Unearned Revenue; Stanford, Capital; Stanford, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense. Explanations are not required. 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. 3. Prepare the trial balance of Doris Stanford, Designer, at September 30, 2017

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