Larkspur, Inc. was opened on August 1 by Joe Larkspur. The following selected events and transactions occurred during August AuE 1 Invested $52,000 cash in the business in exchange for common stock 3 Purchased O'Brien's Tree Service for $41.000 cash. The price consists of land $22000, building $15,000, and equipment $4,000. (Make one compound entry.) 5 Advertised the opening of the business, paying advertising expenses of $1400. 6 Paid cash $1,400 for a one-year insurance policy. 10 Purchased equipment for $2,700 from Crane Company, payable in 30 days 18 Received fees for services of $1,400 in cash. 25 Declared and paid a $700 cash dividend. 30 Paid wages of $1,800, 30 Paid Crane Company in full. 31 Received $650 of tees in cash. Larkspur uses the following accounts: Cash, Prepald Insurance, Land, Buildings, Equipment, Accounts Payable, Common Stock, Dvidends, Service Revenue, Advertising Expense, and Salarles and Wages Expense. Journallze the August transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem)