Jan.	30		Established the business when it acquired $53,000 cash from the issue of common stock.
Feb.	1		Paid rent for office space for two years, $24,000 cash.
Apr.	10		Purchased $720 of supplies on account.
July	1		Received $21,000 cash in advance for services to be provided over the next year.
	20		Paid $540 of the accounts payable from April 10.
Aug.	15		Billed a customer $9,000 for services provided during August.
Sept.	15		Completed a job and received $3,500 cash for services rendered.
Oct.	1		Paid employee salaries of $38,000 cash.
	15		Received $8,700 cash from accounts receivable.
Nov.	16		Billed customers $37,000 for services rendered on account.
Dec.	1		Paid a dividend of $1,000 cash to the stockholders.
	31		Adjusted records to recognize the services provided on the contract of July 1.
	31		Recorded $2,050 of accrued salaries as of December 31.
	31		Recorded the rent expense for the year. (See February 1.)
	31		Physically counted supplies; $120 was on hand at the end of the period.

b. Post the transactions to T-accounts and calculate the \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline Beg. Bal. & Beg. Bal. & & \\ \hline \end{tabular}