January 1 Issued common stock in exchange for $14,000 cash. 2 Received cash for providing accounting services, $9,500. 3 Billed customers for services provided on account, 354,200. 4 Paid advertising expense, $700. 5 Received cash from customers on account, $2,500. 6 Paid dividends, $1,010. 7 Purchased supplies on account, $500. B paid utility (telephone) bill, $900. If an amount box does not require an entry, leave it blank