I wrote down everything I did in August, since I wasn't sure what you would need, so here it is: MAKE AGCnerai Journai I invested $29,000 cash and $21,000 of photo/video equipment into the business Purchased $4,000 worth of office equipment on account. Paid landlord $1,200 cash for the month to rent the business space. Purchased $1,500 of office supplies for the business by paying cash. I paid my landlord $700 for the month to rent my loft apartment one block away. Paid $2,900 cash for a 12-month insurance policy, which is usually priced at $3,625 but we received a new customer discount. Coverage begins August 11th Paid $4,200 cash for two weeks' salaries earned by employees. Spoke with festival officials regarding the Redondo Beach Art Festival, permit fee to enter is $30o. Still need to think about whether or not to enter. Received $21,500 cash from corporate client, CocoReno Athletic Wear, for completing advertising prints. Billed band, The Verb, $6,700 for photo shoot at local club. Swiggs Bar&Grille paid a 10% deposit for their menu and web photo shoot scheduled for the September 19th. The total quote for this shoot was $3,800. Meet with Keith Barnook and Betsy Alder regarding shooting their wedding in Costa Rica this December. My quote for this event is $8,300. The couple will make a decision in September and provide me their deposit at that time. Bi-weekly salaries of $4,200 was paid. In addition to my salary, I took money out of $6,000 for myself. Paid $550 cash for minor repairs to the video equipment. I got a deal since a friend repaired the equipment, normally it would have cost $1,500. Received the August utility bill. It is for $95. I will pay it next month since it is not due until September 23rd. Interviewed by local paper for a piece regarding new businesses in the area. Usually the paper charges $85 to run a quarter page ad but this article will n free of charge to us and be a great source of advertising! August 1: 1: 2: 3: 5: 10: 12: 15: 18: 22: 24: 2 25: 26: 27: 29: 30: 31: Cash 101 Photo Services Revenue 403 106 Accounts Receivable Depreciation Expense-Office Equipment 612 Depreciation Expense-Photo/Video Equipment 124 Office Supplies 128 Prepaid Insurance 163 Office Equipment 164 Accumulated Depreciation -Office Equipment 167 Photo/Video Equipment 168 Accumulated Depreciation -Photo/Video Equipment 655 Advertising Expense 201 Accounts Payable 209 Salaries Payable 236 Customer Deposits 301 Common Stock 305 Retained Earnings 613 Salaries Expense 637 622 Insurance Expense 640 Rent Expense 650 Office Supplies Expense Permits Expense 684 Repairs Expense -Photo/Video Equipment 690 Utilities Expense 681 Dividends 310 350 Income Summary