Landlubber Incorporated had the following balances at the beginning of September.

LANDLUBBER INCORPORATED

Trial Balance

September $1$

Accounts Debits Credits

Cash $$6,000$

Accounts Receivable $2,000$

Supplies $7,100$

Land $10,700$

Accounts Payable $7,000$

Notes Payable $2,500$

Common Stock $8,500$

Retained Earnings $7,800$

Totals $$25,800$ $$25,800$

The following transactions occur in September.

September $1$ Provide services to customers for cash, $$4,200.$

September $2$ Purchase land with a long$-$term note for $$5,900$ from Crimson Company.

September $4$ Receive an invoice for $$450$ from the local newspaper for an advertisement that appeared on September $2.$

September $8$ Provide services to customers on account for $$5,500.$

September $10$ Purchase supplies on account for $$1,200.$

September $13$ Pay $$3,500$ to Crimson Company for a long$-$term note.

September $18$ Receive $$4,500$ from customers on account.

September $20$ Pay $$850$ for September's rent.

September $30$ Pay September's utility bill of $$1,750.$

September $30$ Pay employees $$3,500$ for salaries for the month of September.

September $30$ Pay a cash dividend of $$1,200$ to shareholders.

Required:

$1.$ Record each transaction.

$2.$ & $3.$ Post each transaction to the appropriate T$-$accounts and calculate the balance of each account at September $30.($Hint: Be sure to include the balance at the beginning of September in each T$-$account.$)$

$4.$ Prepare a trial balance as of September $30.$