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Exercise 3-18 (Part Level Submission) Blue Spruce Corp. provides security services. Selected transactions for Blue Spruce Corp. are presented below. Oct. 1 Issued common stock

Exercise 3-18 (Part Level Submission)

Blue Spruce Corp. provides security services. Selected transactions for Blue Spruce Corp. are presented below.
Oct. 1 Issued common stock in exchange for $80,500 cash from investors.
2 Hired part-time security consultant. Salary will be $2,400 per month. First day of work will be October 15.
4 Paid 1 month of rent for building for $2,400.
7 Purchased equipment for $22,000, paying $4,900 cash and the balance on account.
8 Paid $600 for advertising.
10 Received bill for equipment repair cost of $480.
12 Provided security services for event for $3,900 on account.
16 Purchased supplies for $500 on account.
21 Paid balance due from October 7 purchase of equipment.
24 Received and paid utility bill for $181.
27 Received payment from customer for October 12 services performed.
31 Paid employee salaries and wages of $6,200.
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(a)

Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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