During August Torbique Ltd$,$ completed the following transactions in August:

$02-$Aug Purchased equipment worth $$48,000$ and an estimated useful life of $4$ years $(48$ months$)$ for cash. $03-$Aug Paid $$6,000$ cash to cover rent for one quarter $($the three months from August $1$ to October $31)06-$Aug Purchased Insurance for $$18,000.$ The coverage will be in effect for one year $(12$ months$).10-$Aug Paid $$5,000$ for employee salaries. $$4,200$ is for salaries incurred during August and $$800$ Salaries Payable at the end of July.

$13-$Aug Received $$4,900$ from a new client. $$700$ is revenue earned by Torbique at the time of signing, the remainder will be earned in later months.

$17-$Aug Paid $$4,000$ to a supplier. This money was payable at the beginning of the month.

$27-$Aug Performed services worth $$8,925.$ The customer agreed to pay the bill in mid$-$September.

Additional Information:

i$.$ Rent and Insurance for August have expired and to be recorded as expense at the end of August.

ii$.$ Depreciation is to be charged on monthly basis and recorded at the end of every month.

Note: DO NOT use commas or dollar signs in your answers $($e$.$g$.2750,$ NOT $$2,750).$ Enter a $0$ in any text box that should have no value.

List the Journal Entries based on date above. If more than one entry takes place on the same date, post the entries in the order that the related entries appear above.