Journalize the following selected transactions for August 2008 in a two-column journal. Journal entry explanations may be omitted.

Aug 1	Received cash from the investment made by the owner, $15,000.
2	Received cash for providing accounting services, $8,000.
3	Billed customers on account for providing services, $4,000.
4	Paid advertising expense, $400.
5	Received cash from customers on account, $3,500.
6	Owner withdraws, $1,000
7	Received telephone bill, $100
8	Paid telephone bill, $100.

Date	Description	Post Ref	Debit	Credit