$($Issued common stock for $$19,500$ cash$)$

$5$ Cash

Service Revenue

$($Received $$225$ cash for lessons provided$)$

$7$ Cash

Service Revenue

$($Received $$315$ for boarding of horses beginning June $1)$

$14$ Equipment

Cash

$($Purchased desk and other office equipment for $$800$ cash$)$

$15$ Salaries and Wages Expense

Cash

$($Issued dividend checks to stockholders$)$

$20$ Cash

Service Revenue

$($Received $$174$ cash for riding fees$)$

$30$

Maintenance and Repairs Expense

Accounts Payable

$($Received bill of $$70$ from carpenter for repair services performed$)$

Cash

$1,735$

$174$

$70$

$70$

$147$

$415$

$415$

$800$

$415$

$80$

$800$

$415$

$147$

$70$

$174$